Mark your calenders folks this has been one hell of a week. Buffet bailed out GE, Palin and Biden squared off and the House flaked out on the American public.
Warren Buffet bets on GE.
The Oracle of Omaha pumps $3bn into GE. 10% guaranteed return, option to purchase additional shares at $22.50: proof once again that the man is a genius. Take it from me, I know genius.
Vice Presidential Debate proves what we've always known.
Thursday night's debate failed to produce the sparks we all wanted to see. Palin sounded as good as she looked and Biden didn't muff things up per usual. All in all it was quite boring. Dancing with the Stars boring.
Bailout gets hung up in the uterus that is the U.S House of Representatives.
Thankfully the Senate manned up and passed the bailout package, thus ensuring Wall Street and the gears of our economy continue to effortlessly spin our great country into the 21st century. Naysayers may balk at the $110 billion in additions, but they know nothing of child archery and importing rum. Leave the money management to the grown ups people.
Friday, October 3, 2008
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1 comment:
Seems like the Corporate Elevator is stuck between floors these days...
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