Lahde got a dig in at yalies:
Quote Lahde quits
Lahde managed an estimated $80 million and was best known for his U.S. Residential Real Estate Hedge Fund V Class A portfolio, which increased an astounding 870% in 2007 after he shorted the subprime mortgage market through derivatives.
"I was in this game for the money. The low-hanging fruit, i.e. idiots whose parents paid for prep school, Yale and then the Harvard MBA, was there for the taking. These people who were (often) truly not worthy of the education they received (or supposedly received) rose to the top of companies such as AIG, Bear Stearns and Lehman Bros. and all levels of our government.
All of this behavior supporting the Aristocracy only ended up making it easier for me to find people stupid enough to take the other side of my trades. God bless America."