Word: investors
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...would have thought that under the hard business exterior of mega-investor Warren Buffett lies the soul of a wannabe rocker? A surreal video making its way around the Net shows Buffett doing his best imitation of Guns N' Roses rocker Axl Rose, complete with waist-length hair, a purple bandanna, a black leather jacket and Axl's signature red plaid kilt from the '80s - all as part of an eye-catching video for Geico, the auto-insurance company owned by Berkshire Hathaway. And Buffett sings too. O.K., he attempts to sing. (See the best Super Bowl commercials...
...brought inside the White House to advise on everything from regulatory reform to global warming. Formed during the transition, it included top fundraisers such as Hyatt family scion Penny Pritzker, Obama's Silicon Valley ally Doerr and two ambassadors from Wall Street, UBS's Robert Wolf and private-equity investor Mark Gallogly. This foursome and their spouses had collectively given roughly $2.4 million to Democrats since 2000. Doerr's venture-capital firm, Kleiner Perkins Caufield & Byers, made more than $1 million in donations to Democrats since 2005, and Ellen Pao, one of Doerr's clean-energy partners at Kleiner Perkins...
...final party, just like Tsiknopempti, before things get leaner. A recent poll in the newspaper Ethnos reported that 73% of those surveyed said they were willing to make sacrifices to turn the crisis around. "Greeks know the days of living on borrowed money are over," says investor and economist Timos Melissaris. "The time has come to pay the bill." Lent, it seems, is going to last a hell of a lot longer this year...
Sirius Value Protection offers to calm investor jitters by guaranteeing the long-term value of the property through the put option, says Herzberg. At the same time, the program gives the developer, fund manager, bank, or homebuilder - whoever currently owns the newly-built home - a competitive edge over rivals, he says...
...there is another, even simpler warning for the U.S. economy as we face our own deficit issues. "It's only when the tide goes out that you learn who's been swimming naked," investor Warren Buffett has said. The U.S. has none of the currency difficulties of the PIGS. We do have a government deficit expected to hit 10.6% of GDP this year and a total federal debt that will cross 100% of GDP in 2012, according to White House projections. The rolling crisis of the past three years has been an embarrassing exercise in exposing the financially underclothed...