Warnings galore from chip makers TXN, ALTR, BRCM and NSM that investors ignored bidding the stocks sharply higher; Chrysler not willing to show the government their books for bailout monies because they’re a private company [as if]; NUE warns and the stock is also bid higher; Black Friday store sales reported their first decline in history, down 8.4%; Sony’s (SNE) going to layoff 8K workers and closing plants; GS has its earning forecast slashed by Deutsche Bank while former Bear Stearns honcho Ace Greenberg says the company failed because of rumors and not crappy investments [gimme a break!]; The former criminals who ran FRE and FNM testified, sort of, before congress; Bond bubble bulls got all jiggy again as yields on T-Bills fell to negative as fear still reigns. What on earth did the Fryguy leave out? Okay, how about the crooked Governor of Illinois? Well, I was raised in Chicago so enough said.
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