$$$ Madoff Trustee: Mets Owners Ignored Ponzi Warning Signs [WSJ]
$$$ Fed up with the tedium of monthly investor letters, Clavel started adding a little more pizazz to the communications of his African and commodity focused hedge funds this summer by publishing an “African Explorer’s Diary.” [Reuters]
$$$ January Was Not Golden For Paulson [Dealbook]
$$$ U.S. Treasury Declines to Name China Currency Manipulator
$$$ Treasury to Roll Out Fannie, Freddie Reform Next Week [Reuters]
$$$ 10 NFL Stars Who Went Bankrupt [CNBC]
$$$ BofA Creates Unit to Handle Its Mortgage Problems [WSJ]
Great day, Bess. xoxo
Great day, Bess. xoxo
Deal table in the middle, plain chairs all round the walls, on one end a large shining map, marked with all the colors of a rainbow. There was a vast amount of red–good to see at any time, because one knows that some real work is done in there, a deuce of a lot of blue, a little green, smears of orange, and, on the East Coast, a purple patch, to show where the jolly pioneers of progress drink the jolly lager-beer. How-ever, I wasn’t going into any of these. I was going into the yellow. Dead in the center.
Thank you, Bess. thank you
God bless you, Bess. You are truly madly deeply.
The NFL stars going bankrupt just goes to show you that more money just highlights your financial IQ. If it is high or low. Obviously these NFL players had a low financial IQ.
No one is born with a financial IQ. You are either self-taught or actually instructed. A lot of those big dumbasses made a lot of money and wouldn’t or couldn’t be taught how to manage it.