Friday, January 06, 2006

Vulture in a Coal Mine

Morning Report 1/5/06
Vulture in a Coal Mine

Underground miners are famous for taking canaries down to their workplaces. When the canaries start gasping and dying, it's time for everyone to go back up to the surface before they, too, die.

Unfortunately for miners, "king of bankruptcy" Wilbur Ross, rescuer of dying industries (but not of dying miners), is waiting for them. He's not the canary in the coal mine. He's more like the vulture.


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