I understand your point and I agree that investment bankers have a lot to answer for. PE suck worse than the banks, because maybe they turn the business around but it is only after the thing is stripped back to bare bones.
Although I support the notion that everything has a price, there are some investments where you are ask yourself, 'why am here?' Not worth the hassle, with its ambiguity, its constant restructuring, resetting the financials.
My commentary is not one on the holders, but on the business and its advisers. As a holder, you have to place a certain level of trust in that group as you dont have any choice.
BLY Price at posting:
$2.91 Sentiment: None Disclosure: Not Held
