Just sent this e-mail to some friends from college:

http://www.nytimes.com/2009/02/22/world/asia/22diplo.html?partner=rss&emc=rss&pagewanted=all

She thanked Mr. Yang for China’s “continuing confidence” in the United States, as the largest foreign buyer of Treasury securities. He offered a noncommittal statement that China would decide where to invest its foreign-exchange reserves on the basis of safety, value and liquidity.

Frontline’s recent documentary on the financial meltdown is worth watching: http://www.pbs.org/wgbh/pages/frontline/meltdown/

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Richard Thompson - Sibella (buy)