Thursday, October 13, 2011

Riggin' & Exiting

“'I don’t think it’s a time to make money -- this is a time to rig for survival,' said Charles Stevenson, 64, president of hedge fund Navigator Group Inc. and head of the co-op board at 740 Park Ave. The building, home to Blackstone Group LP Chairman Stephen Schwarzman and CIT Group Inc. Chief Executive Officer John Thain, was among those picketed by protesters yesterday. 'The future is not going to be like a past we knew,' he said. 'There’s no exit from this morass.'"

Source: Bloomberg

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