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Mark Gilbert  
Mark Gilbert is a columnist for Bloomberg News. The opinions expressed are his own.

Stocks Offer `Once in a Generation' Buying Chance: Chart of Day Investors willing to buy stocks at their current depressed prices stand to make a lot of money, according to Tim Bond, head of global asset allocation at Barclays Capital in London.

Central Banks Fail to Alleviate `Logjam' in Libor: Chart of Day Central-bank efforts to drive down money-market borrowing costs with coordinated interest-rate cuts are failing, according to Nick Stamenkovic, a fixed-income strategist at RIA Capital Markets in Edinburgh.

Bailouts Prove Pale Substitutes for Market Trust: Mark Gilbert Every weekday, 16 bowler-hatted City gents meet at a secret London location. Flunkeys in red velvet jackets and white gloves serve swan canapes, port is passed to the left, and cigar smoke thickens the air. At 11 a.m., a gong sounds, and the financiers prepare to hold the world to ransom by dictating ever-higher interest rates for borrowers ranging from companies to homeowners to indebted students.

Hedge-Fund Guy Dips His Snout in Bailout Trough: Mark Gilbert Dear investor, it's that time of year again when we are obliged to update you on the performance of our hedge fund, Short-Term Capital Mismanagement LLP.

Lehman, WaMu Show Buyers Wait for Banks to Fail: Chart of Day U.S. Treasury Secretary Henry Paulson's decision to let Lehman Brothers Holdings Inc. and Washington Mutual Inc. fail means the rule book is ``being torn up,'' according to Dresdner Kleinwort strategist Nigel Myer.

I Won't Give Goldman My $200 Million Lottery Win: Mark Gilbert Tomorrow's Europe-wide lottery offers a tax-free, lump-sum jackpot worth about $200 million. When I hand over my winning ticket, though, I will face a dilemma: Where do I stash my luck-gotten gains?

Now Uncle Sam Is Hedge-Fund Guy, AAA Needs Review: Mark Gilbert As Uncle Sam transmogrifies into Hedge-Fund Guy, gorging on debt to buy $700 billion of toxic assets to keep the financial system afloat, the U.S. government's AAA status has to be deemed unsafe. It just has to.

Buffett's Derivatives `Madmen' Poison Capitalism: Mark Gilbert Krispy Kreme Doughnuts Inc. is offering ``Kredit Krunch Treats,'' 12 deep-fried rings for the price of seven. To truly reflect the current zeitgeist, sprinkle them with arsenic.

Banks Are Riskiest Companies in `Scary' Markets: Chart of Day The risk that European banks won't repay their debts exceeds the chances of non-financial companies defaulting for the first time since March, according to prices in the credit-derivatives market.

Henry Paulson, Why Scare My Mother?: Mark Gilbert (Update1) My mother called me on Sunday evening, in a bit of a tizzy. She'd heard on the BBC news that the U.S. government was spending ``trillions'' rescuing its mortgage market, putting the U.K. economy in danger.


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