2012-10-02huffingtonpost.com

``Somewhere, former Merrill Lynch analyst Henry Blodget is shaking his fist in rage: His email about touting a "piece of shit" tech stock in the dot-com bubble has now been upstaged. "Shit breather" is so much more poetic, if a little confusing. How does one breathe shit?

Anyway, in another email exchange, an underwriter at mortgage banker EMC Mortgage -- another defendant in the New York AG suit -- writes about how much pressure Bear Stearns was putting on her company to buy and securitize more loans, no matter how much shit they breathed:''



Comments: Be the first to add a comment

add a comment | go to forum thread