Bill Gross, PIMCO’s storied bond manager, recently began shorting U.S. government paper in the firm’s $236 billion Total Return Fund, because he believes the Treasury “will default on its debt; not in conventional ways… but [via] inflation, currency … [Continue reading]
Sarah Palin’s poll numbers are ebbing among Republicans as a growing number acknowledge that she does not possess the requisite intellect to serve as an elementary school librarian, let alone President of the Untied States. But that is not to say … [Continue reading]
Haute couture designer John Galliano has been sacked from his perch atop storied fashion house Christian Dior after a series of anti-Semitic tirades, including the videotaped bumper-sticker-worthy proclamation, “I love Hitler!” Though Galliano … [Continue reading]
I had intended a retrospective on 2010 - Chilean miners, Russian spies, Oil spills – but ruminating on the Flash Crash or the Ground Zero Mosque at this point, considering the gravity of the shootings in Tucson and the paradigm shattering events in … [Continue reading]
This Holiday Season, given the slanted shadows of terrorism, avian flu and tortured, strike-induced reruns of “John from Cincinnati” and “Cop Rock,” you’d be well served to reflect on your relationship with God, to recommit your stewardship of the … [Continue reading]