Monday, March 2, 2009

Nothing to Report

The news is all bad again today - AIG needs more money from us taxpayers and HSBC is going to go through extreme dilution to get more capital from the markets.

Get ready for more headlines like this one:

"Goldman, JPMorgan Reap $500 Million Payout From HSBC Stock Sale"

The strong will get stronger as the business that has to get done will get done. The opportunities for the survivors could be huge.

Every one on my family members has now had the stomach flu that has been moving through the area. I got it last - starting yesterday at around noon. Very unpleasant stuff.

The East Coast is largely snowed in so it's kind of quiet.

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