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Elsewhere on Monday,
- “With food riots in dozens of countries, isn’t it time to admit that the whole idea was a giant, if well-intentioned, mistake?”
- Warren Buffett’s Vega games.
- “Seeking a new source of revenue, the government has begun thinking of ways to squeeze its golden goose.”
- Hedge fund hip-hopping
- PCCW exits the Hang Seng - “a potent symbol of value destruction”
- “The Global Slump of 2008-09 is under way.”
- A “gateway to Angolan investment in Europe.”
- The crowded sovereign wealth universe.
- “…maybe Microsoft should be inquiring about getting a partial rebate on its $240 million investment instead.”
- Pawn shops should be a good investment in a souring economy as people who need quick cash hock grandma’s gold ring or little Billy’s mountain bike.
- Felix Salmon talks to Paul Murphy
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