Elsewhere on Monday,
- What’s wrong with billionaire fund managers?
- The greatest u-turn in 300 years
- 800 years of financial folly
- “We are working closely with those students to support them in their job-search process,” Wharton’s Ron Ozio said. MBA candidates find job offers rescinded.
- “It’s sort of proof that Microsoft doesn’t know how to improve it’s own software.” Microsoft has apparently agreed to buy Xobni, touted as the next generation in social networking.
- National City Corporation plans to raise at least $6 billion from a sale of stock to a consortium of investors after failing to sell itself, a person who briefed the New York Times said.
- Will more money make you happier?
- Things are a mite quiet here at the Volcano Lair, Dear Readers. I assume the clever among you will have already inferred this fact from the relentless drumroll in the financial press about declining M&A volumes, struggling investment banks, and the like. Blah, blah, blah.
- “The worst is ahead of us rather than behind us in terms of the housing recession and its economic and financial implications”
- “My book has just been published.”
- “This morning, for perhaps the last time, I walked to the top of Primrose Hill. I looked down upon London and asked: do I really want to leave all this? Yes.”
- Investors hoping to ride China’s stock market run into the summer Olympics in Beijing have found themselves gasping for oxygen.
- Not only is cash the new black, but insurance scams are back.
- When these guys talk, PAY ATTENTION
- “I’m not a morning person, so getting up early is like exploring a new world – of rain, cold and misery.”