Thursday, March 12, 2009

Fast Look around

A fast look around:Uh, really? 45% of wealth destroyed? No way. Maybe of easily traded wealth, but if speaking of overall wealth this from the CEO of Blackstone just has to be an exaggeration.Reuters:""Between 40 and 45 percent of the world's wealth has been destroyed in little less than a year and a half," Schwarzman told an audience at the Japan Society. "This is absolutely unprecedented in

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