Now raising intellectual capital
from Rolfe Winkler:
President's budget (gpoaccess.gov)
Barney Frank: The poor should rent, not own (Indiviglio, Atlantic)
Citigroup said to plan sale of private equity unit (Keoun/Keehner, Bloomberg) Citi cites raising cash to pay down debt as the reason to sell this unit. Of course this would also get Pandit some brownie points with Paul Volcker, who wants commercial banks out of private equity, hedge funds and proprietary trading...
HCA owners get $1.75 billion payout (Lattam, WSJ) Speaking of private equity...a nice payout for investors in one of the biggest LBOs in history.
All those little Stuy towns (Morgenson, NYT) Bullying as a business model...
Goldman Sachs and the $100 million question (Times UK) This is a thinly sourced article that claims Lloyd Blankfein will get a blowout $100m bonus for 2009. If true, talk about giving the finger to, well, pretty much everyone.
Five myths about America's credit card debt (Manning, WaPo)
Happy palindrome day! (imgur)