Buffett talks about regulators & Fannie and Freddie

From Newmark's door. OFHEO has 200 employees and a $65 million budget. Their only job was to watch Fannie and Freddie. Buffett's conclusion: "It's very difficult to monitor companies if the management is out to deceive you." Still, he's highly critical of OFHEO and doubtful that increased regulation is the answer.

Brad Evans

How to Make Money from FREE

Hal Varian suggests various business models (this is from Newmark's Door).

Brad Evans

Hedge Funds Next?

Newmark thinks that Hedge Funds will have to sell stock as investors ask for their money back.

Brad Evans

Nigerian Company Makes Bid for Newcastle

Will this be good for Newcastle United and its fans? I hope so.

Brad Evans

Everton in Play

Indian billionaire may buy Everton.

Brad Evans

Thursday Vice Presidential Debates

The debates will be interesting. First, you have Sarah Palin, who doesn't seem to understand what the bailout is about. Then, you have Joseph Biden, who says things like this.

Brad Evans

Betting Pool for the next Nobel Prize Winner

There are betting pools for about anything. Mankiw has a betting pool he monitors and reports on. This is a betting pool for the next Nobel Prize winner in Economics. I don't know if money is involved.

Brad Evans