Who is the least trustworthy C.E.O. on Wall Street?

Saturday, August 09, 2008 | 04:30 PM

That was the question Portfolio asked. The results from a readers poll, along with appropriate quotes:

>

Alan Schwartz, Bear Stearns:  "Capital ... remains strong."     26%

Martin Sullivan, AIG:  Chance of a loss? "Zero."                       22%

Ken Lewis, Bank America:  There's "value in Countrywide."    12%

Ken Thompson, Wachovia: We're in "a great market."              11%

Dick Fuld, Lehman Bros: "The worst is behind us."                   8%

John Thain, Merrill Lynch: "We have tackled the problem."      8%

Vikram Pandit, CitiGroup: We are "well-capitalized."                7%

Kerry Killinger, Washington Mutual: "Profitability" in 2008.        4%

John Mack, Morgan Stanley: "Comfortable" with the risks.         3%

>

What? No Angelo Mozilo? What is a list of least trusted CEOs without the Man with the Tan? I guess he no longer technically qualifies . . .

>

Source:
And the Winner, er, Loser Is...
Mark Stein
Portfolio, Aug 5 2008   10:43AM  EDT
http://www.portfolio.com/views/blogs/daily-brief/2008/08/05/and-the-winner-er-loser-is

Saturday, August 09, 2008 | 04:30 PM | Permalink | Comments (20) | TrackBack (0)
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Comments

With a quick edit they seem prescient:

Ken Lewis, Bank America: There's "negative value in Countrywide."

Ken Thompson, Wachovia: We're in "a great market for shorts."

Dick Fuld, Lehman Bros: "My wife is behind us."

John Thain, Merrill Lynch: "We have tackled the problem, and it is us."

Vikram Pandit, CitiGroup: We are "well-capitalized for a ponzi scheme."

Kerry Killinger, Washington Mutual: "Profitability" in 2008 is laughable.

Some, of course, cannot be helped. And I still dig Mack the Knife.

Posted by: dave | Aug 9, 2008 5:10:14 PM

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