peHUB Second Opinion 10.21.08
The Thaw: The Dow surged 400 on a "hint of a thaw."And Libor rates have finally fallen to a trust-friendly rate. Signs of a turning tide? Or Not: Investor confidence is at a record low, according to Strate Street and things aren't going to change for TWO YEARS for you PE folks, a Goldman Sachs heavyweight says. ARS Agrees: One Day Does Not Make A Trend. The Leveraged Sell-Out: Making the dubious argument that pop star Rihanna is a closet economist. "Any one of the pop singer Rihanna's many hits is a template for banker music: simple, catchy, allowing numerous opportunities to launch one's hands in the air and point at things." Ok...
21 October 2008•2 mins read
