Tuesday, October 14, 2008

DEPT OF GOOD NEWS / BAD NEWS

Buffett's Berkshire Holdings Drop 17% in a Week

Still Outpacing S&P 500

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Gates Predicts `Significant Recession,' More Job Loss

Oct. 13 (Bloomberg) -- Microsoft Corp. co-founder Bill Gates said the U.S. economy is headed for a ``fairly significant recession,'' and that the unemployment rate may peak at more than 9 percent.

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