The rant has lahde(d)

Last weekend must read has to have been the front page of the FT weekender and Andrew Lahde's rant on 'idiot' bankers. Proving that some hedge fund managers can be pretty funny as well as very arrogant.

"The low hanging fruit, ie 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."

"All of this behaviour supporting the aristocracy only ended up making it easier for me to find people stupid enough to take the other side of my trades. God bless America."

he is now 'dropping out to spend time with his money' - you have to love that kind of honesty. The full article can be found here.