Word: investors
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Dates: during 2000-2009
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...roof, which, the custodian tells us, haven't been used by anyone in months. Newport Lofts is one of a cluster of several luxury condos that were supposed to be part of a revitalization of the downtown area. Apartments in Newport Lofts - Boemio's client, an out-of-town investor, paid $600,000 for one - are now listed for as little as $179,000. And this particular apartment isn't exactly in great shape. A squatter slipped past the doorman and, even more impressively, got a locksmith in to switch the lock and give her keys...
...Despite investor worries about the U.S. debt, China's excesses and commercial real estate the world over, veteran global investor Barton Biggs says the global recovery now unfolding is going to be powerful. Biggs, who heads New York hedge fund Traxis Partners, spoke with TIME contributing editor John Curran on the outlook for world stock markets. (See 25 people to blame for the financial crisis...
...Investor Jim Rogers frequently says on television that we are in a long-term bull market in commodities and that this is the asset class that is really going to perform. Do you agree? I'm agnostic about it. I can see the validity of the argument, that it is different this time in commodities, but I don't have a strong conviction about...
...they're hedge funds but forget about the investment banks. Then again, you don't have to be a hedge fund or an investment bank to be an oil speculator. Be forewarned, though: trading oil futures is not like trading stocks and bonds. It's not for the ordinary investor. It's a wild ride. If you're willing to take the risk, here's how you might go about...
...couldn't do business at 2 to 1. The younger people's premiums would just be too high," says Charles Kahn, president of the Federation of American Hospitals, a lobbying group for investor-owned hospitals, and a former lobbyist for the insurance industry during Bill Clinton's health-care reform battle in the 1990s. Essentially, a wider "age band," like the 5-to-1 ratio insurers favor, would allow them to charge higher amounts to middle-aged people not yet old enough to qualify for Medicare, while keeping younger people's premiums much lower. In a recent letter to Henry...