I'm not here to get people "on my side". Or even to make a particular argument (which would require actually having a "side") I am here to understand the think

I'm not here to get people "on my side". Or even to make a particular argument (which would require actually having a "side") I am here to understand the thinking of people who thought management should have "done better". It could well be that this is correct, but it was a very confusing morning, if you will recall, and nobody knew what the hell was going on. One stupid example is that my friends at Bear Stearns in WTC-7, left the building (evacuated) when the stock markets in NY shut down, and all lived. But the other friends on the bond-desk (traded out of Chicago, which didn't shut down), stayed and all died. (Hard to get a bond trader off his desk!). It was a horrible day. And also unprecedented. I think it is a little unfrair for people to expect managers to know how to react (immediately and pro-actively!) to an unprecedented event. If I had an argument, it would be that: If I were a manager on that day, I would have been confused. And so would you.