Wall Street Manna

An irreverent look at Wall Street

Wednesday, December 19, 2007

Cerberus' Feinberg's Court Testimony

Portfolio.com's September issue had a piece on Stephen Feinberg. Here's two quips in the article:

...We try to hide religiously,” he says. “If anyone at Cerberus has his picture in the paper and a picture of his apartment, we will do more than fire that person. We will kill him. The jail sentence will be worth it."

...You probably think you’re smart,” says one former employee. “Now take your brain and mine, take them to the 28th power, and you have Steve Feinberg....


In court today, Mr. Feinberg said he didn't know what a "specific performance clause" was.

We'll see how well that quip sells.