"I did look out and see a lot of perplexed faces as they were wondering, and hoping maybe not, that some of the ideas Billy[Beane] expressed in the book, ie, buying talent cheap, will somehow have an impact on the bonus talks that are taking place on Wall Street right now." -- Bram Smith, senior managing director at Bear Stearns, during his introduction to the State of the Leveraged Loan Market at the LSTA Conference.