If you’re looking for a sound perspective on the latest Wall St firm meltdown, take a look at Andy Kessler’s latest article for Forbes.com, where he compares the shut down of Lehman to the shut down of the old Pan Am Airlines – as in, nobody is going to miss them.
Andy is about as sharp as they come, and I read anything written by him that I can get my hands on (including his excellent books). I’m fortunate enough to have had the privilege of talking with him in person on multiple occasions, including a breakfast I was invited to last year with him down at his favorite Silicon Valley breakfast spot.
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