A Bowl of Stupid

• Dow and S&P 500 at ’97 lows — The Dow and S&P 500 tumbled to levels not seen in nearly 12 years Monday, as investors continue to worry that the government’s efforts to slow the recession won’t be sufficient. (CNNMoney.com)
• Asian Stocks Drop to Five-Year Low; Nomura Slumps on Share Sale — Asian stocks fell, dragging the regional benchmark to the lowest in more than five years, as the global recession hurts company earnings and forces share sales to bolster balance sheets. (Bloomberg)
• North Korea ‘plans rocket launch’ — North Korea has announced it is preparing to launch a rocket purportedly carrying a ‘communications satellite’, but without giving an indication of a date. (BBC World)
• FBI recovers 48 juveniles in prostitution raid — Law enforcement officials arrested more than 500 people, and took custody of 48 juveniles in a coordinated 29-city weekend sweep aimed at combating child prostitution, the FBI announced Monday. (CNN)
• Australian Firefighters Battles to Contain Blazes — Australian firefighters are battling to contain blazes in the southeast before temperatures rise and winds strengthen, two weeks after the nation’s worst-ever bushfires. (Bloomberg)
• Oscars 2009: the biggest victory ever for British films On Sunday night in Los Angeles, Slumdog Millionaire lifted eight out of a possible nine Oscars [it was nominated for ten - twice for Original Song]. (Times Online)*

*C’mon people, the movie wasn’t that good, for Christ’s sake! Danny Boyle? Roland Joffe? Satyajit Ray? They all made the same movie! Doesn’t anybody notice this? I feel like I’m taking crazy pills!