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Rich People Things: Alan Greenspan's Window Is Always Open

23 hours ago ago from The Awl

Well, this is awkward. Alan Greenspan, hailed for most of his nearly two-decade run as chairman of the Federal Reserve as a market savant of the first order, is now assailed from all sides for the Fed’s apparent role in overinflating the country’s garish housing bubble. The charge is a fraught one, reports Fortune magazine’s Geoff Colvin , since should it stick, it will fundamentally reshape perceptions of Greenspan’s legacy at the central ...

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GIC may have lost more than S$10 bln dollars (on paper) in its UBS investment as of now

11 hours ago ago from Opalesque Sovereign Wealth Funds Briefing

From Temasekreview.com: Singapore’s sovereign wealth fund Government of Singapore Investment Corporation (GIC) may have suffered a paper loss of more than SGD $10 billion dollars in its investment in Swiss bank UBS as of now. (more )

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China discloses buying spree in U.S. companies

5 hours ago ago from UbuneBlogs

China’s giant sovereign wealth fund revealed it has accumulated stakes totaling $9.6 billion in major U.S. companies including Coca-Cola, Apple and Goodyear following a buying spree last year. Most of the stakes are small, reflecting China Investment Corp’s strategy of avoiding politically sensitive acquisitions. But they highlight its growing presence in global markets as it invests a portion of Beijing’s $2.4 trillion in foreign ...

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Tips for Better Investing

19 hours ago ago from Banking Tips on Checking, Savings, CD, Mortgage, Loans – BanksAct.com

Whichever way you plan to invest, this section will give you some tips and techniques to get you started Understand why you are investing. One of the keys to successful investing is identifying your investment goals, and the time frame over which you will invest. What do you want to do with your money? Short term (1–3 years) deposit on a home overseas holiday new car starting a family Medium term (3–7 ...

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Bloomberg: Asian Stocks, Euro Decline on Europe Budget Deficit Concern - Stockho

17 hours ago ago from goldmoneynews.com

Bloomberg: Asian Stocks, Euro Decline on Europe Budget Deficit Concern - Stockhouse The market is still pretty nervous,” stated Chris Hall , who helps manage $3.3 billion at Argo Investments Ltd. in Adelaide, Australia. “Greece is still just one part of a bigger concern about the growing size of budget deficits.” IMS Health Announces Stockholder Approval of Merger Agreement with Affiliates of TPG and CPP Investment Board - ...

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Protect yourself from a double-dip recession

6 hours ago ago from CNN Money

Protect yourself from a double-dip recession By Walter Updegrave , senior editor February 9, 2010: 4:32 AM ET (Money Magazine) -- Question: We're in our late 60s, retired and have a comfortable amount of money in retirement accounts, mostly mutual funds. My husband wants to liquidate most of our holdings and put the proceeds in money market funds, laddered CDs, maybe an annuity, as he fears the political situation will lead to another ...

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CIC Offers a Glimpse Into U.S. Holdings

16 hours ago ago from Wall Street Journal

BEIJING China's massive national investment fund provided the closest look yet at its politically sensitive holdings, in a securities filing that revealed that it has accumulated small stakes in more than 60 U.S. companies but has apparently focused its biggest bets disproportionately outside the U.S. In a report to the U.S. Securities and Exchange Commission, the $300 billion China Investment Corp. said it owned equity ...

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