BizJournals Portfolio
Mar 07 2008 12:00am EDT

Extra Credit, Friday Edition

Municipal Bonds: Yeeeeaaaaahooooooo! "Smith Barney, Citigroup's retail brokerage arm, supposedly had the best day for selling municipal bonds in their entire history on Monday. One large dealer I talk to regularly said they had sold every bond in their inventory by 11AM."

Climate change redux: Peter Orszag re-enters the carbon tax vs cap-and-trade debate, on the pro-tax side.

Taxing Sovereign Wealth Funds

Citic Confirms Talks With Bear Stearns for Bigger Stake

Venezuela or Ecuador to declare war on Colombia: The latest contract at InTrade, it hasn't traded yet.

What can not go on forever seems to be going on forever: China's amazing January reserve growth: Between them, China and Saudi Arabia "could have supplied the $62.5b a month the US needs to sustain a $750b current account deficit and still had a bit left over to buy euros."

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