In some ways it seems like we just arrived at the Investment U Conference; on the other hand, it feels like we’ve been here for weeks… Because we couldn’t possibly have learned so much in just a few days.

Last week, Forbes magazine released its annual list of billionaires. No surprise, the rolls shrank.

Paulson throws the markets a curve…  Goldman says to buy the yen…  RBA intervenes to protect the AUD$…
China provides support to commodities… And Now… Today’s Pfennig!

From Dow Jones Newswire on Tuesday: “Shares of Lehman (LEH) added 12% after the company announced plans to offer $4 billion in convertible preferred shares.” Analysts are crowing happily at this news.