Stuff I’m Reading this Morning… Passport Capital makes the case for the agriculture investment theme. (MarketFolly) The unsinkable Whitney Tilson on housing’s non-bottom. (TechTicker) Like the rich kid paying off bullies in school, Goldman is set to give a big charitable donation to deflect our attention from $23 billion in bonuses. Andrew Ross Sorkin has…
Melissa Francis
Yes, Melissa…OPEC is, in fact, a Cartel
CNBC’s Melissa Francis inadvertently ticked off one of the lovely OPEC ministers she was pointlessly attempting to interview by referring to the organization as a “Cartel“. Melissa shouldn’t apologize, she was right on the money… From Wikipedia: A cartel is a counterfeit agreement among industries. It is an informal organization of producers that…
