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July 25, 2008 1:26:32 PM CDT


Stories related to: investments

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12 Stories

  • May 2008
    • Obamas Play It Too Safe With Personal Finances

      Obamas Play It Too Safe With Personal Finances

      Barack and Michelle Obama invest their own money “very, very safely”—perhaps too conservatively, say Sam Grobart and Tara Siegel Bernard in Slate. The Democratic frontrunner and his wife only began rolling in the money recently and their portfolio—“for the most part, a collection of run-of-the-mill mutual funds"—shows a couple “who wants no risk of ever being middle-class again.” More »

      Tags

      Barack Obama   John McCain   Michelle Obama   investments   retirement fund   mutual funds

  • March 2008
    • Credit Suisse Warning Revives Rogue Trader Fears

      Credit Suisse Warning Revives Rogue Trader Fears

      Investment banks got a brief lift from Wall Street results this week, but surprising reports from Credit Suisse are likely to send their confidence back into the basement, the Financial Times reports. The Swiss firm issued an unexpected first-quarter profits warning yesterday—and said “intentional misconduct” from its own traders was partly to blame. Credit Suisse's shares took a 9% dive following the disclosure. More »

      Tags

      finance   banking   UBS   writedowns   investments   rogue trader   Credit Suisse   asset management

  • January 2008
  • December 2007
    • Gay Plays Well for Maverick VC

      Gay Plays Well for Maverick VC

      In Silicon Valley, where "like funds like," Valleywag thinks it's important to note that Peter Thiel, "the smartest VC in the world, is gay." Why mention it? Thiel's Founders Fund, which just raised a $220 million financing round, could reinvent the way entrepreneurs get paid, and Valleywag attributes his contrarianism to the fact that he's a gay man in a VC world filled mostly with straight white guys. More »

      Tags

      Facebook   venture capital   investments   PayPal   Peter Thiel

  • November 2007
    • Atlantic City Takes on Las Vegas

      Atlantic City Takes on Las Vegas

      Atlantic City is about to get a $9 billion makeover, with four companies slated to build  as many new mega-casinos by 2012. The luxury resorts constitute the biggest burst of investment in the city since the start of casino gambling in 1978, the AP reports. As Atlantic City bids to compete with Las Vegas as a luxury travel destination, many older casinos are planning expansions to keep pace. More »

      Tags

      gambling   architecture   casino   investments   Atlantic City

  • October 2007
    • China Throws $13K Tea Parties

      China Throws $13K Tea Parties

      China's latest investment fad trades paper for tea leaves, the Wall Street Journal reports. A type of tea pressed into discs, puer (pronounced "poo-ahr") was once the domain of collectors. But an excess of cash and dearth of investment outlets has made the tea a hot asset. Like wine, puer is judged by vintage, and 150-year-old cakes can fetch $13,000. More »

      Tags

      China   investments   tea

  • August 2007
    • Exit Scrambles Fidelity Succession Picture

      Exit Scrambles Fidelity Succession Picture

      A top Fidelity Investments exec has resigned her post, reigniting speculation about the closely held firm's line of succession, reports the Wall Street Journal . Ellyn McColgan, 53, who was president of a division of the largest American mutual-fund company, was seen as a front-runner in the race to succeed 77-year-old Ned Johnson. More »

      Tags

      stock market   business   investments   mutual funds   Fidelity

  • July 2007
  • June 2007
  • May 2007
    • Hedge Funds Skip Riskier Gambles

      Hedge Funds Skip Riskier Gambles

      Are hedge funds going soft? The swashbuckling industry has long been known for its high-risk, high-rewards MO, but returns are down, on average trailing the S&P 500 last year. The reason, BusinessWeek suggests, may be that alternative investments are no longer so alternative. And other non-traditional investments, like private equity, are feeling the same push. More »

      Tags

      money   private equity   hedge fund   finance   investments

  • March 2007
    • Bernanke Keeps Interest Rate Steady

      Bernanke Keeps Interest Rate Steady

      With inflation creeping up, Fed chairman Ben Bernanke will keep interest rates steady—at least for now, reports the Wall Street Journal. Soft business investment and weakening housing are becoming serious risks, but the long-term outlook is good, Bernanke told Congress yesterday. "The current stance of monetary policy is likely to foster sustainable economic growth and a gradual ebbing in core inflation." More »

      Tags

      subprime mortgages   recession   Ben Bernanke   inflation   interest rate   housing   economics   Alan Greenspan   investments

    • Wall Street Tigers Bearish on Stocks

      Wall Street Tigers Bearish on Stocks

      Tiger 21—the elite investment club whose members have at least $10 million each — is moving away from stocks and into alternatives like hedge funds and private equity instruments. Michael Sonnenfeldt, Tiger 21 founder, reports that assets in stocks are down 10 percent from last year, based on members' growing worries about instability in the global markets affecting U.S. performance. More »

      Tags

      stock market   Wall Street   stocks   private equity   hedge fund   investments

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