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Is The First Stimulus Package “Half a Viagra & a Bunch of Candy”?

It is at least according to Warren Buffet. He made the colorful remark yesterday in an interview with ABC. Buffet was commenting on President Obama’s $787 Billion stimulus package.

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House Prices Decline Slowing

Data was released today by Standard & Poor’s for its home price index composite.

This is the leading indicator for the US real estate market. It shows that although still negative, the annual decline of the 10-City & the 20-City composites improved.

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The Ordinary Evil Of Bernard Madoff

Yesterday, Bernard Madoff was sentenced in New-York to 150 years behind bars, if nothing else his victims can be reassured that he will finish his life in jail.

When Madoff’s victims describe him they often have used such words as likable unassuming and a man they could

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Madoff Sentenced To 150 Years

The disgrace financier Madoff will be sentenced today, in a New-York court.

He is charged with a $ 50 Billion Ponzi scheme. It is arguably the biggest swindle in US history.

Last March, Madoff pleaded guilty, he could be sentenced for as much as 150 years.

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Lunch With Warren Buffett Sold For $ 1.68 Million

By Gilbert Mercier, NEWS JUNKIE POST Last year, the same extravagant privilege of having lunch with Warren Buffett (the 2ND richest man in the world) had a $2.1 Million price tag. It is yet another sign of the recession. The online eBay auction took place last night. The proceed of the auction will go to […]

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