nov 20th, 2008
good stuff, but i wonder if it's as shallow as most of other things written in the atlanticist. after all, it's stuff written by callow 25-year-olds trying to sound like old men, and they have neither the judgment nor the experience required to pontificate.
http://www.economist.com/displayStory.cfm?story_id=12636353&fsrc=nwlptwfree
2 comments:
There are reports that Warren Buffet sold $4.35 Billion worth derivatives in 2007 that will now cost him and his company $37 dollars. And that his decision to buy the stake at Goldman was in fact a collateral toward the values of the unsettled puts. See below:
http://blogs.moneycentral.msn.com/topstocks/archive/2008/11/20/buffett-s-huge-derivatives-bet-proves-costly.aspx?PageIndex=2
Here's another report by some US experts:
http://www.iht.com/articles/ap/2008/11/20/america/NA-US-Intel-Trends-China-India.php
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