Day: May 9, 2012
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What was that again?
“I couldn’t have gotten so stinking rich without George Bush, George Bush Jr., Ronald Reagan, even El Presidente Obama, none of them have the cajones to stand up to all the big money that wants to keep this stuff illegal. From the bottom of my heart, I want to say, Gracias amigos, I owe my whole empire to you.”
-Joaquin “El Chapo” Guzman Loera reported head of the Sinaloa cartel in Mexico, ranked 701st on Forbes’ yearly report of the wealthiest men alive, and worth an estimated $1 billion, officially thanked United States politicians for making sure that drugs remain illegal.
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Linkfest:May 09, 2012
Some stuff I am reading today morning:
Arcelor Mittal sees India plans stuck for years (IndianExpress)
SEZs as gated communities (BusinessLine)
RBI Watch:Little room to cut rates (WSJ)
Vikas WSP:Operators continue to play their games (SuchetaDalal)
India driving away telecom operators (Bloomberg)
Twitter will be more valuable than Facebook (Telegraph)
The subpriming of commodities (Alphaville)
Jeff Gundlach’s big presentation on debt, deficits and the economy (BusinessInsider)