- U.S. Treasury Secretary Henry "Hank!" Paulson in his first major outing since taking over the post, heads for Wall Street on Tuesday to share his views about key challenges facing the economy. On Monday, Treasury spokesman Tony Fratto described Paulson's address as "a look at the major economic structural challenges this country faces" but declined to define it more precisely.
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- Boy, did Mel Gibson get a little crazy? Drinks. Drives. Goes on a verbal tirade. Tequilla was the drink of choice, considering the empty bottle in the car. It's hard to come back from that and be taken seriously. I guess he's just human like the rest of us. Rehab is probably a good idea.
- Market ends up relatively flat. I like the way it held up after Fed Freakie Poole threw a high-heater up under the bulls' chins today. We'll see how it unfolds. You know it'll be interesting!
- Oh, speaking of partying all night long, how about those Lindsay Lohan stories? Mom comes out and defends her.
- The Los Angeles Dodgers get Greg Maddux. Free agency kind of ruins baseball. It just seems wrong for this kind of thing to happen. Rivals switching teams. What's up with that? He's been getting hit pretty good this year, so not sure if this helps LA or not.
- Fantasy Football note: Scratch Brian Finneran from my #1 WR pick list.. More football? Interesting who didn't show up to meet President Bush in Miami. Nick Saban! Yeah, well I think if the dinner is in March, Saban would've went.
- Another Fed Freakie, Janet Yellen of SF, also decided to blab in front of the mic today. And she's a voting member! Yellen said in a speech at San Francisco's Golden Gate University that the fed funds rate is "in a vicinity that is roughly appropriate," and that the Fed need not keep raising rates until the point where inflation actually turns down.