Charlie Munger's Slate piece
Fitch downgrades Greek banks
Case Shiller Index shows .2% drop in home prices
Sidenote: A stock ive been watching recently is up over 20% this morning on a possible takeover. ZLC or Zales is a jewelery store that has been under heavy pressure from increasing liabilities. Accoridng to Yahoo finance, "Private equity firm Apollo Management has submitted a proposal to buy a stake in the chain, according to a report in the Wall Street Journal, which cited unidentified sources familiar with the matter." ZLC shares are trading for about 2.45 and were trading at the close yesterday for a little above 2 dollars.
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