CEO Alan Schwartz was a liar

From
http://www.lemetropolecafe.com,
today's MIDAS dispatch:

...I opined that Bear CEO Alan Schwartz was a liar re the true condition of his firm. Bear closed Friday around $30. He lied in an attempt to shore up confidence, the name of the game on Wall Street, as his firm and net worth was imploding:

*Schwarz owned 1,026,680 of Bear shares as of 21-Dec-07

*But managed to sell enough shares last quarter to rake in the following…

21-Dec-07 SCHWARTZ ALAN D
Officer 161,662 Direct Option Exercise at $0 per share. N/A 21-Dec-07
Officer 67,900 Direct Sale at $89.01 per share. $6,043,779

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