Sen. Chuck Schumer, D.-N.Y., appeared on "Charlie Rose" where he offered the next president, who he assumed would be Sen. Barack Obama, some obvious advice, namely to announce a treasury secretary on Wednesday morning. (DealBook)
On the subject of the next treasury secretary, Dealbreaker expanded on Dealscape's suggestion that Obama might choose New Jersey Gov. Jon Corzine. (Dealbreaker)
Advice seems to be flying all over the place, as peHUB editor Dan Primack offered his readers reasons why it might be dangerous for them to buy Treasury's "refried" mortgages. (peHUB)
As the Treasury thinks about expanding its capital injection program to include companies such as GE Capital and CIT Group Inc., it may want to ask itself, what would Warren Buffett do? (DealZone)
Schumer wasn't the only finance guest of note to recently appear on "Charlie Rose." Dealmaker Teddy Forstmann also sat down with the PBS host and offered his thoughts on how cheap credit led to the financial crisis and how PE firms will replace investment banks. (DealBook and peHUB)
On the topic of investment banks, Deal Journal asks if former i-bank Goldman Sachs Group Inc. has gone from the leader to the laggard. (Deal Journal)
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