Monday, May 31, 2010


Is there any question?
It's "a legitimate concern to question whether BP's interests in being fully forthcoming about the extent of the damage is aligned with the public interest," he said, adding: "We have to verify whatever it is they say about the damage." (Pres.Obama)
L.A. high schools students hold a "walk-in" to protest cuts
“It does sound tempting to really relax and take the day off, but I can’t take a day off knowing it’s going to affect my future,” said Kahn, 16. “We’re protesting the fact that it’s gotten to the point that we have to be cutting back on our education. The priorities of spending in California are very wrong.” (L.A. Times)
Hedge-fund school "reformers" Tilson, Buffett cleaning up on the oil spill


  1. Gates Fund must be losing its ass as BP stock crashes.

  2. Correction. The Gates Foundation actually owns more than 7 million shares of BP. The Gates Foundation has 7% of its portfolio in oil and gas - a sound part of a diversified portfolio, and probably a well placed bet on the future direction of oil prices. As BP's stock has dropped by a third, the foundation has lost $140 million dollars.

  3. Mike, you may need to print another correction on Gates' BP stock ownership. According to NYT this morning, "The Bill & Melinda Gates Foundation is another a major investor, with nearly 43 million shares."


Agree? Disagree? Let me hear from you.