Word: assets
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Sept. 16 a money fund marked its net asset value below $1 - sacrilege for an investment meant to be the same as cash. After the Reserve Primary Fund "broke the buck" because of debt it held that was issued by the now-bust investment bank Lehman Brothers, institutional investors scrambled to withdraw their money. Sept. 18 brought additional worries: Putnam Investments said it would be shutting down one of its money market funds, and the ratings agency Moody's warned it might downgrade 13 of Lehman's funds. (Lehman's asset management subsidiary was not part of the bankruptcy...
...transaction, also took a brief leave of absence in the late 1970s from the Business School to serve as the Ford Foundation’s director of investments. “I am delighted to be joining the Board of one of the world’s leading alternative asset managers,” Light said in a statement. “I look forward to working with Blackstone’s management team as they set their strategy for taking advantage of opportunities in the world today.” Stephen A. Schwarzman, the chief executive and co-founder...
Investing isn't so much buying a stock or a bond or a house, it's about buying into the belief that an asset you purchase for 10 bucks today will be worth more than that sometime in the future. Never mind that the future is generally being promoted by the seller, the way religions pitch their paths to an afterlife. You gotta believe! In investing we fall for it over and over because sometimes it actually works. Stocks do go up. Housing can be an O.K. investment over the long haul...
...that didn't go anywhere. Treasury officials mulled a government conservatorship as with Fannie Mae and Freddie Mac, but it might have required an act of Congress to make that happen. So the Fed devised a deal in which AIG agrees to repay the loan with asset sales and give the government (and thus taxpayers) a 79.9% equity stake in the company...
...Governor Palin is indeed the pitbull that she has so proudly proclaimed herself, she is a feisty and a likable one, who I am sure will prove a valuable asset for the Republicans. However, apart from her uncanny ability to galvanize the conservative base, it was her speech’s heavy reliance on pitbull politics that was most troubling...