Wednesday, 25 March 2009



Here is your Crux AM update: 

World's central banks to cut gold supply
"Might put a floor of some kind under gold, near $500 or so."

Regional banks to dominate lending in future
Meredith Whitney doesn't think big banks can survive.

Buy and hold sucks; this group's $11.6 billion payday proves it
Top 25 hedge fund managers earned $11.6 billion in 08; still down from 07.

An extraordinary problem for ExxonMobil
The world dominator has to watch its $31 billion cash hoard like a mother hen.

I quit: Leaked internal AIG e-mail
"We in the financial products unit have been betrayed by A.I.G."

The "ship breaking" business is booming
An interesting article on a business you didn't know existed.

Regards,

The Daily Crux
www.thedailycrux.com