Rolfe Winkler

Buffett’s ’09 letter to shareholders — pdf (Berkshire Hathaway)

Kohn retiring from Fed in June (Hilsenrath/Wessel, WSJ) The Economist once wrote a leader that Don Kohn should have been the guy to replace Greenspan…

Declaring victory at half-time (Steve Keen)

People won’t take free umbrellas in rainstorm (Rubenstein, SF Chronicle) Interesting story, but not really that surprising. People running around a busy city are so assaulted with stimuli — traffic, other pedestrians, folks asking for money or handing things out (here in Times Square the worst are Scientologists handing out Dianetics flyers and guys hawking comedy tickets) — that they can only function by actively blocking out everything around them, including offers of free stuff.

The end of business class? (Economist)

Rising threat of infections unfazed by antibiotics (Pollack, NYT)

Dodd’s proposed compromise… (Andrews) …will include a neutered CFPA. More from Felix.

Network news at a crossroads (Stelter/Carter, NYT) [ABC News President David] Westin said high-priced and purely cosmetic talent would become an increasingly endangered species. “There have been people in television news — very successful people — who do not write,” he said. “We are going to definitely require more of our journalists.”

Florida AG investigating Cash4Gold (Sun Sentinel) This blog once got a letter from the Cash4Gold folks after we warned readers to avoid them.

Official language fail (imgur)