September, 2007 Posts
Warren Buffet’s Railroad Buys
Recently Warren Buffett has been buying railroadcompanies. It owns shares of Union Pacific Corp., and Norfork Southern Corp.. Also Berkshire Hathaway has been buying call options for Burlington Northern Santa Fe. And Buffett has stated that he was slow to realize what a good investment railroads are because of the past poor performance of the industry. But he now says [...]
Private Equity Gets All The Attention
Hedge funds and private equity bolts share a similar tax structure. Until recently, private equity firms were relatively unknown. Hedge funds only made news when one failed, and rarely did you see, a hedge fund manager in a magazine headlines. Today, however, we see that many private equity firms make magazine headlines and are even [...]
Household incomes rise, however..
NEW YORK (CNNMoney.com) — Household income crept higher and the poverty rate edged lower last year, the government said Tuesday, while the number of Americans without health insurance rose by 2.2 million to 47 million people. Median household income rose 0.7 percent to $48,200, adjusted for inflation, the Census Bureau reported. But more people had to be at work in [...]
Could the Fed Have Prevented the Housing Bubble?
Now, if you noticed he didn’t mention homeowners or consumers. Does this mean that it is the Fed’s job to protect consumers from making mistakes or was he just trying to show that he isn’t protecting large mortgage companies. Now, rumors are flying that the Fed may cut rates in September as low as 50 basis points. If [...]