He was one of the cheerleaders, wasn't he? I wish I'd kept those Blackrock newsletters that my former employer got and posted like they were gems in the rough. Bob Doll of Blackrock was writing about B/S failure and stating that "We had reached the bottom, and it was their opinion that Bear was the only casualty of the crisis." This was right before others like ML fell, and before Blackrock presided over the largest corporate mortgage default (to that date.) I can't remember if Countrywide had cacked by then or not, but there were many more casualties.