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Extra Credit Saturday Edition

Market Movers

by Felix Salmon
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Dec 06 2008 1:21pm EDT

Extra Credit, Saturday Edition

Bank of America’s Merrill Takeover May Be Tough Deal: Great quote on Ken Lewis: "The companies he’s been acquiring all make sense strategically, but the timing and price almost always seems to be off."

Trump Sees Act of God in Recession: Which is why he reckons he can get out of paying Deutsche Bank $40 million he owes them. For good measure he's also suing them for $3 billion, and threatening to sue the NYT as well.

Workers Give Up: And U6 is now 12.5%.

Bubbles in Prices of Exhaustible Resources: Bubbles in wine prices: very old wines, in particular, go up in price even when no one's drinking them any more.

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