06/30/2010
https://www.congress.gov...
"What was the indication for the trading--why would you short Bear Stearns after they had just bought $300 million worth of Timberwolf from you?"
"But explain to us the difference between those two as you see it and as you lead this firm."
"Well, whatever portion it was, in the year that it should have been paid, it wasn't."
"Yes, I do."