Friday, 27 February 2009

Here is your Crux AM update: 

New York bust worsens... buyers abandon $1 million deposits
It's a bad sign for NYC real estate… 

Goldman Sachs: Mining stocks "not compelling"
The bank cut its base metal forecasts for 2009-2012. 

Bank CEO uses corporate jet… again
Ken Lewis of BofA flew to NY to defend big bonuses. 

A hilarious take on the giant new Homeland Security complex
The great Doug Casey provides a preview of what's to come in Washington D.C. 

Airline may charge for using toilet
Crappy food and miniscule seats weren't enough for Ryanair. 

Boondoggle details seeping out… $1.25 million for a sidewalk
Planet Moron details some of the ridiculous projects states are trying to get into the stimulus plan. 

Regards, 

The Daily Crux
www.thedailycrux.com