Sunday, January 29, 2012

STUFF

US mutual funds shed $17.7B in Dec, $84.7B in '11. Worst since $121B in '08. 6th consec year of outflow. Fund flows for intl funds have been flat.

US' top 6 banks paid out $144B in bonuses/comp in '11. 2nd only to '07's $147B. The banksters.

U of Mich Ann Arbor has 53% more administrators than faculty. Evidence of runaway college administration. While Antioch in OH offering free tuitions.

Iberdrola's Portland layoffs attributed to expiring (end of year) tax credits, declining demand, overloaded grid, cheap NG.

Asia-Pacific markets added 2.8GW solar PV in 4Q. Total 6GW for '11. China solar capacity up 500% in '11.

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