The Pickens Plan and Proposition 10

Quote:

T. Boone Pickens, the former oil magnate and more recently the man with The Plan, appeared on CNN this morning to discuss the looming “financial meltdown,” as Sheryl Gay Stolberg put it Thursday.

Funds managed by Mr. Pickens reportedly lost $1 billion over the last year — $270 million of which leached from his own personal fortune. “It’s my toughest run in 10 years,” Mr. Pickens was quoted as saying in The Wall Street Journal. “We missed the turn in the market, there’s nothing fun about it.”


http://greeninc.blogs.nytimes.com/20…osition-10/?hp

Original post by Jason

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