Rolfe Winkler
Option ARMageddon
Weekend links 11-14
Lawyer crashes after life in fast lane (Koppel/Esterl, WSJ) Big Florida ponzi.
Buffett admits: Burlington not cheap (Frye, Bloomberg) Buffett was so eager to deploy his cash that he was willing to overpay for Burlington. What I think may be going on in his head: in a world likely to experience many more bubbles and busts, lots of paper wealth will be wiped out. Not a bad idea to turn cash into tangible assets.
After spending binge, administration says it will focus on deficits (Allen/Vandehei, Politico) Not sure if I believe this. The Senate is already planning a third stimulus dressed up as a “jobs” bill.
Treasury confident Congress will increase debt ceiling (Christie, Bloomberg)
Deeds, not words, on the US dollar (David Merkel) Well said.
The last of the Bluefin Tuna? (Estabrook, Atlantic)
VIDEO: Balloon boy parents plead guilty (Reuters)
How pumpkin pie is really made (imgur)
For geometry lovers…. (best after the 5:00 mark)
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the tuna quota dropped from 22,000 metric tons this year to 13,500 next year. a bit more than what NOAA wanted (8,000).
http://www.noaanews.noaa.gov/stories2009 /20091116_iccat.html