game, everybody would pile into it. there have to be risks like they say with christianity has to have hell, capitalism has to have bankruptcy and risk of ruin, that danger for you to come in. if it was risk free, everybody would do it. this takes out the people who got sloppy and lazy and this is the pause that in many cases refreshes. bitcoin has taken a tumble. what about the people who are saying tough times are ahead? how many times could they have said that? i like to joke with old co-workers back at businessweek that at the mark s low a bunch of people pulled me aside, kid, we re going to be eating cat food. you should take that as a contraindicator when everyone is capitulating maybe i should look at the markets.
businessweek where he covered wall street and international finance, jo, talk to me about gas prices. reporter: $5.89 a gallon and continuing to grow across the board. you know the record number by now is $4.17 nationwide and we ve been talking to drivers all across los angeles to get their sense what it does to the pocketbook, to the budget, and we see support even though it turts every day especially when you take into account inflation at 40 year highs. quinnipiac put out a poll saying 71% will support a ban even if it means higher gas prices. this is what some drivers told us yesterday. how much longer can you afford the price of gas? i ve already stopped driving. at least two more weeks.
(Bloomberg Businessweek) Wall Street doesn’t usually let moral dilemmas get in the way of making money. There’s almost always a bidder for whatever security is on offer, no matter how dodgy the issuer, how funky the structure, or how unpleasant the circumstances.
(Bloomberg Businessweek) In Kyrgyzstan a member of parliament urgently called on the government to start creating jobs and setting up temporary housing for the information technology professionals who are arriving daily from Russia.