Walmart vows to stay out of banking.

After uproar in Congress, Walmart gives up banking idea. According to Reuter, the two giants
Microsoft and Cisco are getting ready to duke it out. From Bloomberg, I read that because of
all the subprime mortgage defaults hurting the investment community, Greenspan predicts
a recession at year's end.

As the financial world turns

Walmart is trying to take over banking? Bernacke is scared. What will happen to the Chicago
Merchantile Exchange? Cisco buy WebEx. Microsoft buys a speech recognition firm. So perhaps
it want be long before you and your computer can have a real conversation.
and oh yea - the market is up at the moment in spite of rising inflation.

Halliburton moves corporate office out of country

Halliburton moves corporate office from Houston to Dubai.

The Roller Coaster Ride

The stock market keeps going up and down. But many think the Bull has not finised his ride.

Bill Gates is worried about a brain drain due to visa not being granted . He is losing some of his
Einsteins. He also worries about America keeping its competitive edge in technology.

A Canadian Insurance Company is having a feud with some powerful hedge investors. Fairfax
has filea suit claiming hedge funds were out to destroy them.

Being Groomed by Warren Buffett

The stock prices fell again today. Mortgage rates have fallen. And the price of a barrel of oil has
dropped. Yet where I buy gas, overnight it increased by a dime a gallon.

Warren Buffett is looking for the ultimate apprentice. He recently loaded up on stocks for his
Berkshire Hathaway.