peHUB Second Opinion 9.30.08

The Big Money: Reads Buffet’s biography so we don’t have to.

Dealbreaker: It’s like March Madness, only for banks.

BusinessWeek: Fannie and Freddie shrouded in scandal? Even though they’ve already had their day in the bailout sun, I feel like anything smelling like fraud may not be good PR well for further bailout votes.

Infectious Greed: Kedrosky thinks we need more smaller banking crises—it was the “dangerously quiet” period that hurt got us here.

SEC: The SEC gets more specific about FASB. Dealbreaker thinks this suggests a throwing in of the towel. Dealscape thinks the information has little effect.

Dealbook: Why did Google’s stock plunge out of nowhere today? No rumourl here, just an adjustment.

Bloomberg: Goodbye, New York Sun. Eighty million in six years.

The Big Money: Reads Buffet’s biography so we don’t have to.

Reuters: Pierre Foods is selling to Oaktree Capital Management.