September 28, 2008 at 12:02 am
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Fact: Charles Tyrwhitt New York City store #1 is located at Madison Avenue & 46th Street, on the ground floor of the ex-Bear Stearns corporate headquarters Fact: Charles Tyrwhitt New York City store #2 is located at 7th Avenue & 50th Street, on the ground floor of the ex-Lehman Brothers corporate headquarters Fact: Bear Stearns is toast Fact: Lehman Brothers is even toastier Discussion: While further research is required to determine the exact linkage between Charles Tyrwhitt shirts and recent examples of the massive evaporation of shareholder value, the correlation trend is undeniable. Potential catalysts for Charles Tyrwhitt based shareholder value evaporation include bank risk officers spending their afternoons perusing between 100s of shirts in various cuff, collar, and color/stripes combinations instead of properly valuing CDO securities, an “uppity” British attitude permeating the entire building like the smell of a “5-dollar footlong” from Subway…
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