Max Abelson uses the occasion of the closing/restructuring of genteel UES boutique brokerages Alice Mason and Edward Lee Cave to ask the proprietors about Michael Shvo's comments about them a few years back. (Shvo: "Do you think a 38-year-old partner in Goldman Sachs who makes eight million a year knows who Alice Mason or Edward Lee Cave is? You know what? They're all going to drop dead soon.") Mason's response: "He's right! He can say that! He said it proudly, but I don't think it made him better than us." [NYO]
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