That is just one of the quotes in Vanity Fair's investigative piece on the collapse of Bear Stearns.

It is another fascinating look at the downfall of the scrappy investment bank. The eight pages reads fast and fluid as you are given a behind the scenes view of the players and the conversations leading up to the collapse of Bear Stearns.

What happened? Was it death by natural causes, or was it, as some suspect, murder? More than a few veteran Wall Streeters believe an investigation by the Securities and Exchange Commission will uncover evidence that Bear was the victim of a gigantic “bear raid”—that is, a malicious attack brought by so-called short-sellers, the vultures of Wall Street, who make bets that a firm’s stock will go down. It’s a surprisingly difficult theory to prove, and nothing short of government subpoenas is likely to do it. Faced with a thicket of lawsuits and federal investigations, not a soul in Bear’s boardroom will speak for the record, but on background, a few are finally ready to name names.

The article is for the August edition of Vanity Fair but online access will give you a look before the print edition comes out. I highly recommend the article.