Microsoft getting out of ETHANOL!

[Didereaux]

(from summary of todays stocks Bloomberg)
Pacific Ethanol Inc. (PEIX:US) dropped to the lowest since December 2004, tumbling 88 cents, or 15 percent, to $4.82. Cascade Investment LLC, a firm owned by Microsoft Corp. Chairman Bill Gates, is selling its 21 percent stake in Pacific Ethanol, according to a Securities and Exchange Commission filing.

Add the above to this one:
Ethanol Bust Makes Losers of Bush, Gates, D.E. Shaw (Update1)
http://www.bloomberg.com/apps/news?pid=20601087&sid=azYO_2glG5vk&refer=home

There's an active thread in the DU Business forum(moved for who knows what reason from the LBN forum)


The whole thing though is highly important politically, especially as concerns the Iowa caucus. We'll see how it plays out, but smart money says BOTH parties will continue the AgCorp Welfare scam presently leaking Halliburton sized wads of tax dollars into the ADM piggy-bank as well as large corporate farmers(farmers my ass)!