Monday, August 17, 2009
China to buy U.S. mortgages.............
HONG KONG (Reuters) - China's $200 billion sovereign wealth fund, which lost big on its ill-timed 2007 Morgan Stanley and Blackstone bets, plans to invest up to $2 billion in U.S. mortgages as it eyes a property market rebound, two people with direct knowledge of the matter said Monday...Link
It's Time to Legalize Drugs............
Undercover Baltimore police officer Dante Arthur was doing what he does well, arresting drug dealers, when he approached a group in January. What he didn't know was that one of suspects knew from a previous arrest that Arthur was police. Arthur was shot twice in the face. In the gunfight that ensued, Arthur's partner returned fire and shot one of the suspects, three of whom were later arrested...Link
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