Thinking out loud.

I wrote the “Forest Fire” blog post late last night…

Late tonight I quote a buried paragraph in a front page story from today’s Financial Times (second to last to paragraph in “Shocked Lehman staff ‘told to move on’”):

“Some of Lehman’s senior bankers are expected to set up independent advisory boutiques in the near future”

The forest fire is going to be painful for all us, and unfortunately EXTREMELY painful for some. But, let it be known that it IS burning and the best thing we can do is let it clear the dead forest and burn itself out. Your children’s generation will appreciate the opportunities with the sapling firms.