Wednesday, 18 February 2009


Here is your Crux AM update:

World's best investor goes long water
Buffett sells Johnson & Johnson, buys water play Nalco.

Major homebuilder chairman dumps huge slug of stock
Analyst calls it a "pretty bad signal."

Thousands upon thousands rush for government Census jobs
3.8 million workers needed for 2010 Census.


Oilman T. Boone Pickens down 97%, dumps the kitchen sink
Fund redemptions and lower stock prices erase $1 billion in holdings.

Legendary speculator goes super long Petrobras and Potash
George Soros bought more oil and fertilizer last quarter.

Spain already at 14% unemployment… headed for "depression"
"We're not going to have a recession. We're going to have a depression like in the 1930s…"

General Motors is going to burn another round of taxpayer money
The doomed automaker is asked for another $16.6 billion...

Regards,

The Daily Crux
www.thedailycrux.com