Crux PM update:
Atlas Shrugged begins... New York turns on the rich
This is what mob rule democracy gets you.
Merrill execs looted $121 million just before taxpayer takeover
CEO Thain cements "scumbag" status.
Sleazeball of the day award goes to...
The CEO of Peanut Corp. of America knowingly shipped salmonella-tainted peanuts.
Dubai is screwed, dumping more assets
Dubai World may sell luxury retailer Barneys to meet debt payments.
Buffett pounces: Buys more debt
Berkshire Hathaway bought $400 million of bonds from a gravel producer.
Old, grizzled billionaire expects "significant pain"
Charlie Munger, the 85-year old vice-Chairman of Berkshire Hathaway, wrote an op-ed for the Washington Post... which he happens to own 21% of.
The government is using the economy as an excuse to waste money
Bill Bonner on the "strange madness" taking place in America right now
Bond King Gross: 83% in mortgage debt; short Treasuries
Bill Gross held a record 83% of his Total Return Fund in mortgage-backed debt at the end of January.
Wednesday, 11 February 2009
Posted by Britannia Radio at 22:09