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Safety In Berkshire – US-FOREX.US
Many might say that the winning bidder who ponied up 1.6 million for a steakhouse lunch with Warren Buffet overpaid. But on Monday, one analyst said that shares of the Oracle of Omaha’s firm are set to swell, even as continued problems wreak havoc on the financial sector.On Monday, Keefe, Bruyette & Woods analyst Cliff… »
Californias DeFault Lines – US-FOREX.US
What are the odds that California defaults on its debt payments? Using the market for credit insurance as a guide, one in four within five years. Those are amazing odds, signalling that those who buy insurance on debt think that the federal government will allow California to fail where it thought that AIG and Citigroup… »