Not the least bit useful, but a good read anyway....

[OwnedByFerrets]

``I was in this game for money,'' Lahde, 37, wrote in a two-page letter today in which he said he had come to hate the hedge-fund business. ``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. "


the rest of the story here....http://www.bloomberg.com/apps/news?pid=20601087&sid=aVUE96d.HKyw&ref=patrick.net