Why Warren Buffett invested in Goldman Sachs?

  Smartest investor of world beting on his billion Dollor Plan "   When Warren Buffett's Berkshire Hathaway invested $5 billion in Goldman Sachs, it came as a major surprise. Since the billionaire's massive investment comes at a time when the...

civil disobedience to stop coal plants: Al Gore

Earth is dying slow death, each year temprature records breaks previous record, on the same footing human consumption of fossil fuel is breaking every records.Every research comes out with this simple conclusion...

Vodacom's YeboYethu Offer a Huge Hit

YeboYethu, a specially-created sub-company of mobile telecom provider Vodacom, has sold out of all available shares, with demand at three times the volume of supply. The shares must be held for five years, as is detailed below.("Yebo" means "yes" in Zulu; "Yethu" means "ours"...

In gaffe, Biden said FDR led when market crashed

"WASHINGTON - Vice presidential candidate Joe Biden says today's leaders should take a lesson from the history books and follow fellow Democrat Franklin D. Roosevelt's response to a financial crisis. "When the stock market crashed, Franklin D. Roosevelt...

Update Goldman: After the party, the hangover, buying an AIG lifeinsurance now?

Who ever will buy now a lifeinsurance policy from AIG, not trustworthy you may say.Who ever will invest in Goldman & Sachs, still healthy, can they repeat to make profiton short selling of mortgage contracts?...

Stock market collapse claims lives in India, overwhelms help lines in the U.S.

In the light of recent financial market breakdown, the focus has been on the demise of powerful American financial institutions, such as Lehman Brothers and AIG. The sense of instability that these collapses have...

Bush, a Georgie come lately, as always

Have you noticed over the last 8 yrs, that Bush is always a day late and a dollar short......on brains and action?"Bush: 'We must act now'Bush, Paulson outline powerful steps targeting troubled mortgage-related assets weighing down the finance industry. Plan could cost...

Gold surges near $900 as credit crisis deepens

When bourses all over the world are tumbling people are worried about their investment options. Gold is all time favourite during the economic crisis. The metal has long been considered a safe, alternative...

McCain's good buddy Gramm, the Architect for deregulation on Wall Street

This is interesting to know, when you hear McCain sympathize with Americans and the middle class. No wonder he feels bad, he is afraid you will hold him accountable. Straight Talk Express John......Banking...

Why the Financial Meltdown Reflects the Fundamental Failure of the Bush-McCai...

"The financial meltdown on Wall Street is more than a cyclic correction brought on by a mismanaged business cycle. It is emblematic of a problem at the very foundation of the right wing economic philosophy that...

TSX Drops nearly 500 Points Due to Fuel Prices and Mortgage Crisis

The US mortgage quagmire and fluctuating fuel prices have caused the Toronto Stock Exchange to wobble... yesterday, the TSX lost 4%.  Though bad for everyday folks, high fuel prices actually tend to boost the TSX, so at the moment you will be unlikely to find Canadians...

Google News Snafu Wreaks Havoc on United Airlines Stocks

This goes to show you the power of Google: when old news, masking 'new' news, gets re-distributed through Google's all-mighty Engine of Search, it can have serious repercussions. Yesterday, a six year old...

London Stock Exchange trading down due to computer crash

The world's second largest stock exchange is enduring an extended derailment today due to a computer crash.  A glitch in the London Stock Exchange computer system at 8:44am this morning has resulted in the...

Tatas shut down Singur plant, preparing plan for Nano relocation

" Kolkata: With no hopes of the stalemate ending in Singur, Tatas on Tuesday said it was considering shifting the low-cost Nano car project from West Bengal to some other State, on which a decision may be taken...

Recession, Recession, Recession...Oh My!

" During more difficult economic times, it becomes necessary to allow your investments to take some dives. You should expect this. In times of recession, this can occur across the board and there may not be much that you can do about it. Instead of moving your stock...

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