Treasury auctions: Investors say “meh”
Related: The Fed is planning a massive debasement/monetization according to RBS.
Related: No sooner did we at peHUB call junk bonds a bubble than they continue to crash. Distress levels are rising.
On the bright side: The business of curing cancer is showing some optimistic breakthroughs.
Steve Ballmer: Microsoft sends out a snarky tweet that he will neither be at the Apple Developers Conference nor will he be on Dancing with the Stars.
David Einhorn: The world is ending. Debt is booming. Assets are worthless. It’s the government’s fault.
Altruism: It’s physically good for you. But tell that to the heckler who booed former Quadrangle Group founder Steven Rattner.
Related: When to fire someone, according to the advice of Mahalo CEO Jason Calacanis.
The tax bill: Time for some schadenfreude or commiseration: other industries affected by the pending legislation.
Related: taxing sales of PE firms is discriminatory, says the Private Equity Council. But they’re not the only ones.
Ken Starr: The Hollywood money manager was accused of a $30 million Ponzi scheme.
Ford Mercury: RIP after seven decades.
iPhone: 40% of sales of Apple’s cult phone are actually to business users. How do they explain the dropped calls?
Related: The Blackberry Fund is starting a $100 million venture fund along with China Broadband.
CBOE: Shares of the IPO will be sold in the range of $27 to $29.
Trust and transparency: Crucial business concepts for success. PricewaterhouseCoopers has some studies about it here.
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