While the masses screamed in outrage over a Citigroup Inc. affiliate buying a Spanish toll road operator for $10 billion, Clusterstock's Joe Weisenthal offers them some calm rationale on why the taxpayer is in fact not footing the bill.
Another story that has prompted chatter is New York Magazine's feature about former Lehman Brothers Holdings Inc. chief Dick Fuld.
On the subject of bailouts, the term is Merriam-Webster's word of the year, notes the Boston Herald.
Talking about 2008 notables, with BHP Billiton Ltd. withdrawing its offer for rival Rio Tinto Group last month, the value of all withdrawn deals in 2008 is almost as high as all the deals completed in 2008, notes Reuters' DealZone blog. - Matthew Wurtzel
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