peHUB Second Opinion 9.30.08

The Big Money: Reads Buffet’s biography so we don’t have to. Dealbreaker: It’s like March Madness, only for banks. BusinessWeek: Fannie and Freddie shrouded in scandal? Even though they’ve already had their day in the bailout sun, I feel like anything smelling like fraud may not be good PR well for further bailout votes. Infectious Greed: Kedrosky thinks we need more smaller banking crises—it was the “dangerously quiet” period that hurt got us here. SEC: The SEC gets more specific about FASB. Dealbreaker thinks this suggests a throwing in of the towel. Dealscape thinks the information has little effect.

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