Interesting that Aether gets mentioned in this article. They raised about $2B in a stock offering at the height of the late 90's bubble and by buying and selli

Interesting that Aether gets mentioned in this article. They raised about $2B in a stock offering at the height of the late 90's bubble and by buying and selling companies they parlayed that into about $100M a few years later. If it were in a movie you would think it was un-believable but in 2004 the still CEO decided to invest the money he had left in leveraged mortgaged backed securities: http://findarticles.com/p/articles/mi_m0EIN/is_2004_June_8/ai_n6060195/ http://findarticles.com/p/articles/mi_m0EIN/is_2004_June_8/a... EDIT: here is a link to a better overview of Aether. Someone should write a book about this company: http://articles.baltimoresun.com/2004-07-22/news/0407220158_1_platinum-existing-businesses-wireless http://articles.baltimoresun.com/2004-07-22/news/0407220158_...