peHUB Second Opinion 12.11

!!!!!: Bernard Madoff has been arrested for fraud! Fearmongering: Read the eight really scary predictions from "the market's sharpest thinkers." Among them, "Dow 4,000. Food shortages. A bubble in Treasury notes." We Have Been Saying This All Along: It was dumb to lever companies in declining industries, like newspapers. There must be a sentence generator online somewhere that pops out various versions of this line: "Private equity barons bought companies, issued debt to pay themselves dividends, and were hailed as master investors." Leaks: Yahoo's layoff script. I assume this is similar to the way most layoffs go down to avoid a mutiny, its kinda sad to read. A Little Advice: If you're written about in a blog, do not respond in the comments section. (We mean you Halsey Minor). Because this could happen.

11 December 2008•1 min read
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