Word: financiere
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Another kind of buyer is financier Warren Buffett, who has planted a cornerstone in the market. Last year Buffett's company, Berkshire Hathaway, spent about $1.7 billion to acquire Clayton Homes, a manufactured-housing company in Tennessee that had sales of $1.2 billion in 2003. This year Clayton, in turn...
DIED. FREDERICK LARUE, 75, former aide to U.S. President Richard Nixon, who was rumored to be "Deep Throat," the Washington Post's Watergate source (he denied this); in Biloxi in the U.S. state of Mississippi. LaRue, a successful political financier who served in Nixon's Administration without pay, was present...
No doubt Clinton's enemies will have a field day with that. No doubt his account of the struggle with "my old demons" will seem disingenuous to many readers. No doubt Clinton will feel--as he did when he became the first presidential candidate to admit that his marriage had...
If the FBI is somewhat open to outside reform, the CIA is ever on guard against it. The agency has always been better than the FBI at doing bureaucratic judo, working the press or finding a CLASSIFIED stamp for documents that it may not want to see the light of...
Although mortgage interest rates have hit historic lows in recent years, many minorities are still missing out on the benefits of home ownership. High prices are partly to blame but so, apparently, is a sizable information gap, according to a survey out last week from mortgage financier Fannie Mae. Minorities...