Monday 30 March 2009

Here is your Crux AM update: 


Exclusive: "A letter from the Chairman of General Motors"
Fantastic spoof essay from November 2007 predicted everything that has happened.

White House forces GM's Wagoner out
We don't support the guy, but it's a little scary that the gov't is now hiring/firing at public companies.

Foreign firms vying for U.S. bailout cash
Foreign companies operating in the U.S. are trying to get their piece of the $787 billion stimulus.

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This Richard Russell quote is a must read
Why you should consider never buying another stock again.

Scorned Wall Street women turn to stripper poles
Laid-off Wall Streeters find better money, less sexual harassment as strippers.

Buffett disciple who predicted financial crisis now going long
Value investor Whitney Tilson is jumping back into financials.

Regards,

The Daily Crux
www.thedailycrux.com