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Preliminary Analytics | 08.17.09

BuffettCarriesLunch.standard.jpgWhat Buffett’s Firm Bought and Sold WB continues to be long on folksy yet risque analogies. [DealBook]
US banknotes show cocaine traces – 95% of dollar bill in DC have traces of cola which we find hilarious and just solidifies any preconceived notions we had about our esteemed elected officials. Other cities that had cash with high levels of the llello are Baltimore, Boston, and Detroit. [BBC]
UBS Tax Crackdown Widens to Hong Kong -“On Friday, John McCarthy, a UBS client in California, agreed to plead guilty to one count of failing to file an annual report to the Treasury Department. A document filed with the plea shows the tax scheme relied in part on channeling funds to a Swiss UBS account held in the name of a Hong Kong entity, the second time accounts in the Asian financial hub have figured in these cases.” [WSJ]
BB&T Plans $750 Million Share Sale After Colonial – Things already going swell for BB&T. [Bloomberg]