Sunday, August 3, 2008

Barton Biggs on the markets

(Globe and Mail)

Barton Biggs sounds uncharacteristically flustered on the other end of the line. “Can we do this in half an hour?” the renowned Wall Street veteran asks, postponing a scheduled interview. Later, he requests another 40 minutes while weighing the potential impact of the latest market-roiling developments. The news this week was not the sort that would cheer a true believer that brighter days are, if not just around the corner, at least in sight.

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