Word: capitale
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Point taken. So in a poor economy, where should investors be putting their money? What is likely to flourish? I am still very leery of the financials or anything remotely connected to U.S. consumer discretionary activity. I think that we are in a new paradigm of frugality that is widespread...
Philip A. Falcone ’84, founder of Harbinger Capital Partners, was crowned the “Midas of Misery” by BusinessWeek after he made a killing by snapping up failing companies and distressed bonds over the course of his financial career.
Today, Falcone still prefers hiring former athletes. According to Falcone, Harbinger Capital Partners now employs four Harvard grads, three of them former hockey players.
It wasn't the size of the U.S. budget deficits - or how much Treasury debt China now buys - that made Tim Geithner blush in Beijing this morning. During his maiden visit to China as U.S. Treasury Secretary, Geithner visited Peking University to give a speech and answer a series of...
Right now he presides over the stability of squalor. Burnt cars and blown-out windows litter the outskirts of Tskhinvali, South Ossetia's largest town and self-styled capital. Kokoity's government received 10 billion rubles - $324 million at the current exchange rate - from Moscow to reverse the damage wrought...