Managing the Bubble Bath

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Managing the Bubble Bath (In a storm…) Avoid the bubble: difficult – Morgan Purcell vs. Mack UBS Ride the wave: Keep seatbelts buckled (…we all get wet) Profit / Loss Distribution failure Wachovia, too numerous to list Prince, O’Neil Morgan Stanley, Citi, Merrill, … Bear

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Managing the Bubble Bath. (In a storm …) Avoid the bubble: difficult – Morgan Purcell vs. Mack UBS Ride the wave: Keep seatbelts buckled. Profit / Loss Distribution. too numerous to list. Wachovia, …. Prince, O’Neil. Morgan Stanley, Citi , Merrill, …. failure . Bear. - PowerPoint PPT Presentation

Transcript of Managing the Bubble Bath

Page 1: Managing the Bubble Bath

Managing the Bubble Bath(In a storm…)

Avoid the bubble: difficult – Morgan Purcell vs. Mack UBS

Ride the wave: Keep seatbelts buckled

(…we all get wet)

Profit / Loss Distribution

failure

Wachovia, …

too numerous to list

Prince, O’Neil

Morgan Stanley, Citi, Merrill, …

Bear