Some giants are literally roasting in the fire pits today. There are those that went on a buying spree and amassed a lot of subprime assets and now, they are left with thousands of acres of inventory and hardly a buyer in sight. These should not be a problem in the long run but pressure from creditors and investors that are blown out of proportion by the zealous media and general public are making things a lot worse.
A columnist for a Philippine newspaper talks about the costs and massive preparations required by the US Secret Service whenever President Bush and other (US Presidents) travel outside of Washington DC. I remember watching a CNN report that showed how big a US presidential convoy is, compared to the two vehicle transport being used by Prime Minister Tony Blair of the UK.
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