Click here to view today's view this newsletter on your mobile device. | Monday, Apr. 06, 2009 | | TODAY'S TOP 5 VIDEOS | 1. Mayo's Seven Deadly Sins of Banking | A former Deutsche Bank analyst Mike Mayo launches coverage of the banking industry and issues a report on the "7 deadly sins of banking," reports CNBC's Charlie Gasparino | 2. Whitney's Still Bearish On Banks | Financials saw a see of red Monday after bank analyst Mike Mayo warned that loan losses will probably exceed levels seen in the Great Depression. Meredith Whitney, CEO of the Meredith Whitney Advisory Group, shares her insight on the sector | 4. Rowing the Wrong Way | David Roche, global strategist at Independent Strategy Ltd, says the market rally will peter out because the economy will not recover as anticipated. He tells CNBC's Martin Soong that the government's move to borrow a lot of money on the Fed's balance sheet to keep yesterday's dream will simply not work. |
| | | | | | Big Pharma At 30,000 Feet | In my defense, it was right there in front of me. It was boldfaced, colorful, plentiful and in plain view. I'm talking about the laptop computer screen of a fellow airplane passenger late last week. I was sitting on one side of the aisle. He was on the other, but one row up.
And for nearly the entire five-hour flight from Newark, NJ to Los Angeles the thing was wide open. I didn't have to lean forward, squint, or put on my glasses to see what the guy was working on: a presentation on the marketing plans for a new drug — one I had never even heard of. We're talkin' dozens of pretty PowerPoint pages promising a "deep dive" into how the company hopes to get insurance companies to pay for the drug.
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