David Dreman "WaMu CEO Made Big Mistakes"
By alexg on Thu, 2007-12-13 18:41
(via www.reuters.com)
"He's up there with the senior executives who steered these major institutions the wrong way," said David Dreman, chairman and chief investment officer of Dreman Value Management LLC.
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Alex you are right about that comment
this story reminds me of when Warren was asked how he felt about Berkshire and how it can be number 1 in the #1 spot for Fortuna 500. First of all, the Fortune 500 is measured by revenue. Warren replied by saying " we measure our selves by the quality of the company and not by the quantity."