“The Olympics are an economic failure as London is totally empty: hotels, restaurants, streets,” Nouriel Roubini tweeted. “It turns out London is totally empty. A zombie city...The West End – usually packed on any Saturday night – was an empty waste land last night: barely a soul to be found in theatres, bars, etc,” he said on Twitter. [CNBC]
Hand to god, he'd sooner die. The Germans say, "you lost your virginity. Now you sign a contract; you say, 'I'm a boring virgin.' Be abstinent for the next two years. Show me your soul and two years from now, we're going to get married. But today, I commit to marriage today? Forget it." Roubini: Germany to eurozone--you lost your virginity, can't commit to marriage today [BloombergTV]
On March 30, 2011, Warren Buffett penned an open letter expressing support for his former lieutenant, David Sokol, whose trading activities had been called into question. "Neither Dave nor I feel his Lubrizol purchases were in any way unlawful," Buffett wrote. Then, a month later, he told shareholders and reporters gathered at the BKR annual meeting in Omaha that, actually, Sokol was a degenerate bum; a piece of garbage that needed to be taken out, lest it stink up the place. (Actual words: "inexcusable," "inexplicable," in violation of "the company's insider-trading rules and code of ethics." Buffett added that Berkshire "had turned over some very damning evidence" re: Sokol to the Securities and Exchange Commission, to boot.) Though Sokol did not publicly respond to the comments at the time, they presumably stung quite a bit, since having your unassailable ex-boss basically call you a lowlife does not do wonders for the reputation. Now, a year later, after being informed that the SEC would not be taking action against him, is he in a Zen place about life in general and Buffett's words specifically? Are the two men cool? Could Sokol see them being friends again one day? At the very least, is he ready to laugh about them? Yes, yes he is.
