2009: A year of shoes?
Wow, that was quick! Well, here's a wrapup of 2009 by Bill Pesek, arguably one of the few great minds at Bloomberg.
Here's a peek at next month.
Feb. 2: China began using its hundreds of billions of
dollars of worthless U.S. Treasury notes and bonds to sop up
pollution in its rivers and lakes. The Chinese threw in the
towel after Treasury Secretary Timothy Geithner renamed the 10
cent coin the dollar. Faced with a torrent of criticism about
whether the White House had the authority to do such things,
President Barack Obama said: “Yes, we can.”