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U.S. Must Buy Assets to Prevent `Tsunami,' Gross Says (Update3) - BloombergSept. 4 (Bloomberg) -- The U.S. government needs to start using more of its money to support markets to stem a burgeoning ``financial tsunami,'' according to Bill Gross , manager of the world's biggest bond fund. Banks, securities firms and hedge ...
Einhorn Vindicated on Lehman, Beating BlackRock, Putnam Bulls - BloombergSept. 13 (Bloomberg) -- The tally is in and hedge fund investor David Einhorn beat BlackRock Inc. and Putnam Investments LLC by betting against Lehman Brothers Holdings Inc. Einhorn's Greenlight Capital LLC disclosed in April it was short Lehman, a ...
What Happened to Equity? - Philadelphia Daily NewsCommon sense kicked in shortly after Pam George considered tapping into her home’s equity to pay for the expansion of the master bedroom in her Wilmington, Del., home. At first, that seemed like the answer given how easy it has become to get a home ...
Small Business Owners Deal with the Financial Crisis - BusinessWeekby Karen E. Klein When Smart Answers asked several experts to weigh in on the short- and long-term impact of this week's financial free fall on small business owners, we got an earful. Here, organized by areas of concern, are some thoughts and ...
The politics of the bill - Meganmcardle.theatlantic.comThere is no glory to go around here. Assume, arguendo, that most people in the House believed both that the bill would be passed, and that anyone who voted for it would suffer politically, except maybe in New York. Pelosi screwed up royally. She is ...
Words from the (Investment) Wise for the Week That Was (September 15 ... - Safe HavenThese are the quick market stats for the past week: the MSCI World Index up by 0.3%, the S&P 500 Index up by 0.3%, the Reuters/Jeffries CRB Index down by 0.1%, the US Dollar Index down by 1.6% and the ten-year US Treasury Note yield up by 4 basis ...
Words from the (Investment) Wise for the Week That Was (August 25 - 31 ... - Safe HavenThe gyrations of financial markets ahead of the Labor Day weekend tested the patience of bulls and bears alike. As big swings took place in thinly-traded markets, I was reminded of Albert Schweitzer's words: "As we acquire more knowledge, things do ...
Crisis poses new challenges for small business - MSNBCWhen BusinessWeek asked several experts to weigh in on the short- and long-term impact of this week's financial free fall on small business owners, we got an earful. Here, organized by areas of concern, are some thoughts and predictions: Banks. There ...
Study: Falling Housing Prices Are Jeopardizing Retirement Security - US News and World ReportFalling housing prices can make it almost impossible to get out from under a mortgage you can no longer afford. A new AARP Public Policy Institute analysis says depressed home values are hitting baby boomers and seniors harder than other age groups ...
McCain is suddenly an economic populist - Seattle Post IntelligencerWith all of this newfound passion for regulation and reform, I hope that Mr. McCain is getting plenty of rest. He seems (nearly) as fragile as the economy. McCain is right. We need less government regulation, that is what got us in this mess today ...
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