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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Little Joe who wrote (89373)10/28/2008 8:06:34 AM
From: Haim R. Branisteanu  Read Replies (1) of 116555
 
T. Boone Estimates He’s Down $2B From Drop in Oil, Gas Prices

By KATIE FEHRENBACHER, GigaOm
Published: October 27, 2008

Yet another profile of wind crusader T. Boone Pickens aired Sunday night — this time on 60 Minutes — and it had the usual details about the 80-year-old former oil baron’s plan to get the U.S. off its addiction to foreign oil. But 60 Minutes did score an interesting tidbit about how much Pickens and his investment firm BP Capital have lost since oil and natural gas prices started dropping in July: $2 billion!

nytimes.com
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