FINALLY someone got the memo!

Amy Woods Brinkly of BoA is super smart and should not be the sacrificial lamb.

This is a rolling trend where institutions and funds will look at the portfolio and go - who was awake at the switch.  Bye bye.

The financial crisis lies squarely at the feet of the banks' and funds' risk and management teams.  What was anyone thinking?

I don't know how many institutions and SEC/OCC/FDIC reviewers must cover but to expect a Fed employee to catch all the stuff that hotshot traders are working is just - well - silly.

Sorry for Amy.  More risk and portfolio professionals in banks and funds are being reviewed - trust me.

On another note, - slightly related to super foods and heroes,  many of you Almost-Baby-Boomers will have played Mozart while you were pregnant or Dads will have read Babar (en Francais bien sur) to the young'uns.  Well, here is a really cool thing,

It turns out that the Baobab tree is becoming an agricultural export!  The New York Times article by D Starin http://www.nytimes.com/2009/05/26/opinion/26starin.html reports that the baobab fruit has 6 times more Vitamin C than oranges, twice as much calcium as milk and is rich in potassium, phosphorus and antioxidants.  The European Union recently approved the Baobab fruit for import and the FDA is expected to approve shortly.  This could represent the beginning of a $1billion industry and jobs for 2.5 million Africans.

Question is, how to get a typically wild tree to grow in nicely ordered plantations.  Won’t be easy but it is nice to see that the African private sector could benefit from this new super food.

So what is the connection between financial risk people being held accountable and Baobab trees?

The tree knows it's portfolio.