Now perhaps more than ever before, world leaders have their hands full with stabilizing the ailing global economy and battling ever-more-ruthless terrorists. But somehow, President Nicholas Sarkozy of France still finds the time and mental energy to work up offense to even the gentlest of personal slights. …
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First Photoshopped Love Handles, Now This
http://www.portfolio.com/views/blogs/daily-brief/2008/12/01/first-photoshopped-love-handles-now-this?tid=true -
His 401-Koz Keeps Growing
http://www.portfolio.com/views/blogs/daily-brief/2008/11/26/his-401-koz-keeps-growing?tid=trueIt's a good news/bad news situation for jailed former Tyco chief Dennis Kozlowski. The good news is that his retirement fund, unlike most Americans, increased $5 million to $76 million in the last year--a sweet 7 percent pop. …
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Slim Pickings? Or Great Timing?
http://www.portfolio.com/views/blogs/daily-brief/2008/11/26/slim-pickings-or-great-timing?tid=trueIn mid-October, Warren Buffett wrote an op-ed in the Times encouraging people to follow his lead and buy American stocks. His encouragement hasn't much helped the Dow, but at least fellow billionaire and "richest man alive" contender Carlos Slim Helu is heeding his call. …
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Why We're Ignoring Big Stock-Market Moves
http://www.portfolio.com/views/blogs/market-movers/2008/11/2...Megan Barnett notes today that extraordinary volatility is being met with shrugs. It's true that it's something to which we're getting accustomed; I think there are two main reasons. The first is that in normal markets, a huge swing tends to actually
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Extra Credit, Sunday Edition
http://www.portfolio.com/views/blogs/market-movers/2008/11/3...he lives in Greenwich, Connecticut, in one of his five houses." U.K. Takes Majority Stake in Royal Bank of Scotland: Historic. And don't think it can't happen here. Rich Cut Back on Payments to MistressesRelated Links Fuld Fired Fuld as Fall Guy Dick Fuld Death Watch
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Finance Blog - Market Movers by Felix Salmon - Portfolio.com
http://portfolio.com/views/blogs/market-moversthe different blogs' identities. But the result could be a formidable rival to Seeking Alpha, especially among bloggers who would love to make some money directly from their blogging.Related Links Why WSJ.com Will Go Free Blodget's New Tech Rocket Is Blodget Back to His Old Tricks?
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A 5-Point Plan for Getting Out of This
http://www.portfolio.com/views/blogs/odd-numbers/2008/11/28/...strategy formulated earlier this decade has been abandoned. Still, if you agree with Feldman and his five-point plan, then by my count, the U.S. has moved less than halfway towards creating an environment supportive of economic recovery. Related Links Anxious Days for Tax Dodgers USA: The Biggest Obstacle to Global Banking Regulation What Jamie Dimon Must Do
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When a Publicly-Listed Hedge Fund Blows Up
http://www.portfolio.com/views/blogs/market-movers/2008/11/2...When a Publicly-Listed Hedge Fund Blows Up Another 500-point Swing? So What.
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Profits of Doom
http://blog.wired.com/business/2008/11/profits-of-doom.htmloffer, and with things changing so rapidly, it has become more challenging to design models for how much inventory will go for," says Feldman. "At this point, it's guesswork." From Portfolio.com: News and Markets Related Links: Short-Circuited City The Way the Cookie Crumbles Bankruptcies: Still Rare
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My VerboCity
http://www.tracymarchini.comHis 401-Koz Keeps Growing
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Afternoon Reading: Is Yahoo Nearing a Choice for CEO?
http://blogs.wsj.com/deals/2008/11/28/afternoon-reading-is-y...Speaking of Buffett: It seems that one person took his advice and is buying American stocks. Carlos Slim Helu has bet heavily on two stocks that most people wouldn’t get near, Citibank and Saks, writes Portfolio.com. Seems Slim is betting Americans will go back to their credit-card-crazy ways once the crisis passes. John Carney over at ClusterStock asks: Is Saks Inc desperate for cash?
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Profits of Doom
http://www.portfolio.com/news-markets/top-5/2008/11/28/Bankr...and previous months to determine our offer, and with things changing so rapidly, it has become more challenging to design models for how much inventory will go for," says Feldman. "At this point, it's guesswork." Related Links Short-Circuited City The Way the Cookie Crumbles Bankruptcies: Still Rare
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Do Markets Filter Irrationality?
http://www.portfolio.com/views/blogs/odd-numbers/2008/11/26/...our evidence indicates that the high risk sharing potential of financial markets is not fully realized because the aggregate behavioral biases of individual investors impede state-level risk sharing. Related Links Alphabet Soup for the Soul (of Panicky Bankers) Hit the Panic Button The Hedge Fund Collapse