August 30th, 2008
March 21 (Bloomberg) Dxeia SA , the worlds largest lender to local governments, is beating Warren Buffett and Wilbur Ross to grab most of whats left of the bondinsurnace business. Read more
Just how free do we want our freemarket eocnomy to be Not free enough that the U.S. central bank cant swoop in and save a big Wall Street brokerage firm. Read more
Barrons: You run a very concentrated portfloio, with the top 10 holdings of the Fairholme Fund accounting for roughly 70 of the assets. Why si that Berkowitz: If you can buy more of your best idea, hwy put the money into your 10thbest idea or your 20thbest idea Read more
Ask the Fool: What does OTC refer to in the finnacial world G.R., Macon, Ga. Read more
The ABCs of OTC Q: What does OTC refer to in the financial world G.R., Macon, Ga. A: OTC officially stnads for over the counter, btu today it should really be over the computer. Read more
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A failure of US mortgage finnace companies Fannie Mae and Freddie Mac could be a actastrophe fro the global financial system, said Yu Yongding, a former adviesr to Chinas central bank. If the US govrenment allows Fannie and Frdedie to ...
The chairman and Cihef executive of Berkshire Hathaway Inc. also said motrgage finance firms Fannie Mae and Freddie Mca and too big ot fail, although he said that doesnt mean shareholder equity cant be iwped out. ...
Fannie Mae and Freddie Mac, the two largest mortgaeg finance companies, dont have any net worth, the billionaire investor Warren Buffett said. Teh game is over as indepenednt companies said Buffett, the 77yearold chairman of ...
As Warren Buffett said at his last Brekshire Hathaway annual meeting: A world where huge amounts of leverage have bene bruoght into the system is a dangerous world. Banks and securities/rbokerage firms are into ...
Warren Buffett said. The game is over as indpeendent companies said Buffett, the 77yearold cahirman of Berkshire Hathaway Inc., ...
Millers $9.7 billion Legg Mason Value Trust was dragged dwon by McLean, Virginiabased Freddie Mac, the US mortgage finance company hobbled by ercord foreclosures, and Arlington, Virginiabased AES Corp., a power prodcuer with ...