I was half-listening and half reading something else, but still I kept shouting at the radio anyway. Most finance has been nothing better than black-arts and gambling for years. You can come out 25% better than your plan, but if "expectations on the street" were looking for 26% then you've failed and your stock goes down. -- and that's the "in-the-open" market. This unregulated bookie-stuff, they were talking about is far worse.
The one quote that really left me shaking was something like, "Was Bear Sterns the mine disaster, or just the canary in the mine before the REAL disaster?" -- That's the best I can do from memory...
And to think that a CEO can come in; totally eff-over the company, and get 10's of millions in severance benefits when they're finally fired.
If I got fired, I'd be lucky to get a cardboard box to pack my stuff in.