WEEKEND UPDATE
Big headline in Barrons- the Manhattan luxury real estate market is rotting - wall street layoffs and tight credit squeeze demand- shocker.
Also, a bullish article on L as they see a double discount on CNA and DO - also note the shareholder friendliness of the Tisch group, the boys who run the company and who also own about 30% of the shares.
Lots of bank nationalization discussion and Barry has the list of for and opposed and Roubini explains his yes- great stuff;
Dr. Brett on weak markets;
Gretchen explains the move to RECLAIM;
TOM with a pretty pretty good idea - GM is history - go for something new;
Just win baby, sure;
Has GOLD peaked:
Eastern Europe- not so good;
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