This letter, originally published in 2009, has been dusted off and was apparently dropped from office windows on or near Zuccotti park recently. It is a scathing riposte to the Occupy Wall Street cabal, explaining the so-called 1%'s point of view...

Ever since the seperately managed account was introduced decades ago, management of broker/dealers predicted it was the way of the future. They were right, but they were wrong for a while too. I mean, it took a while, and, as the shorts say, if...