BizJournals Portfolio
Feb 06 2009 7:09pm EDT

Extra Credit, Friday Edition

U.S. Sovereign CDS Rockets to 82 bp: And it's still very unclear who's buying this protection.

Deutsche Bank Fallen Trader Left Behind $1.8 Billion Hole: As suspected, it was on the CDS basis trade.

Harvard Endowment to Cut 25% of Staff: That's about 50 jobs.

A new hedge fund business model: Ideas for fixing the present flawed incentives.

‘Infrastructure more helpful than tax cuts’: The IMF says that government spending boosts and tax cuts are the only thing keeping the global economy from an outright contraction.

Somali Pirates Get Ransom and Leave Arms Freighter: And the NYT gets some great quotes from one of the pirates, Isse Mohammed.

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