Category futures

What’s on Nouriel’s Mind: The Deteriorating Economic Outlook

The underlying picture of economic weakness that has not only worsened but has spread to the core economies raises the question of how Europe can possibly grow its way out of the debt crisis.. roubini.com

The $1.6 Billion Woman, Staying on Message

Facebook’s No. 2 executive, Sheryl Sandberg, will reap a fortune in its stock offering. And she hasn’t stopped telling the world how women should take responsibility for their careers… Source: http://www.nytimes.com

Count ‘Em: 30 Billionaires Now Backing Romney’s Super PAC

It’s no secret that the super-rich have been more inclined to write checks to right-wing candidates so far this election cycle. What is a bit of a surprise is just how many members of the Forbes 400 have donated to one group in the last few months. Source: http://www.forbes.com

Rockefellers and Rothschilds unite

Article located at: http://www.ft.com By Daniel Schäfer in London Two of the best-known business dynasties in Europe and the US will come together after Lord Jacob Rothschild’s listed investment trust.. Read more at Financial Times

Bloomberg’s Billionaires Index: How We Crunch Net-Worth Numbers

The Bloomberg Billionaires Index is a daily ranking of the world’s 20 richest people. In calculating net worth, we strive to provide the most transparent estimates available. Each Bloomberg Billionaire profile contains a detailed analysis of how that person’s fortune has been tallied… Source: http://www.bloomberg.com

Billionaire takes GOP spending spree

Dallas billionaire Harold Simmons is on a GOP spending spree. Simmons, owner of the Contran Corp., whose net worth is $4.5 billion, donated $5 million in January to the Karl Rove-linked super PAC American Crossroads, according to federal filings… Source: http://www.politico.com

Billionaire Buddies: Adelsons Join Forces With Koch Brothers to Take Down Obama

In recent years, billionaire oil magnates David and Charles Koch have bankrolled the Tea Party movement, Republican candidates, and efforts to deny the existence global warming. But less noticed have been their series of twice-yearly strategy coordination meetings for wealthy right-wing donors… Source: http://www.truth-out.org