Its starting to get cold in the Shanghai area. Im wearing several sweaters but still i feel chilly. I have also read in the news that the old fraudster (!!!) Bernie Ebbers has handed in a request to be pardoned by Pres. Bush. Bernie Ebbers was the person who owned the worlds largest privately owned ranch and managed to force WorldCom into a nice little bancruptcy in the 2003 (i think).
As usual, Roger Lowenstein, has written a very interesting book about the corporate scandals that plagued the US economy during the beginning of the new millenia. Its called "Origins of the Crash: The Great Bubble and Its Undoing" and is well worth buying and reading. Amazon link here. Capris link here.
By the way, here is a link to a program where Roger Lowenstein discuss his new book "While America Aged". Unfortunately, I have not read the book yet.
2008/12/08
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