Late to the party, but FelixMatthew Malone (via The Divine Bess) quotes from Andrew Ladhe's good-bye letter, the follow-up to the one in which he noted that he only plays fair games, and the Fed is currently rigging the roulette wheel, so he's taking his 800%+ return from last year and going home.
This 'graf in particular caught my eye, since it is Subtil as a Flying Mallet:
I was in this game for the money. The low hanging fruit, i.e. idiots whose parents paid for prep school, Yale, and then the Harvard MBA, was there for the taking. These people who were (often) truly not worthy of the education they received (or supposedly received) rose to the top of companies such as AIG, Bear Stearns and Lehman Brothers and all levels of our government.
Mr. Ladhe appears to be betting that this man's father won't hold a grudge. That has never been true before.
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