GOOD DAY FOR: Cows, as the economic downturn has budget-conscious shoppers “trading down” from beef and pork to chicken, according to Safeway and Deutsche Bank. Poultry farms and processors stand to gain from the trend, as well as from a drop in grain prices. (Bloomberg)
BAD DAY FOR: A divorce, after Bernard Madoff’s lawyer asked the courts to shield the Madoffs’ $7 million New York penthouse and another $62 million in assets from victims of his alleged Ponzi scheme, on the grounds that they belong to Madoff’s wife, Ruth. The assets “are unrelated to the alleged Madoff fraud and only Ruth Madoff has a beneficial interest in these assets,” said Madoff lawyer Ira Sorkin. So far, $970 million has been recovered for defrauded Madoff investors. (AP in Yahoo! Finance)
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- The U.S. Marines are developing laser weapons. Here's why.
- 3 horrific inaccuracies in Homeland's depiction of Islamabad
- How to be the most productive person in your office — and still get home by 5:30 p.m.
- 43 TV shows to watch in 2014
- Why the Supreme Court is allowing Texas to hold an unconstitutional election
- Ban PowerPoint!
- 6 things the happiest families all have in common
- How 1,000-year lifespans could remake the economy
- Gamergate has backfired spectacularly on its nincompoop perpetrators
- Rise of the machines
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