Tag Archives: finance

6 Ways The Fiscal Cliff Could Affect You

Federal Reserve chairman Ben Bernanke used the term “fiscal cliff,” it quickly became the newest Washington buzzphrase. As the deadline to avert the cliff nears, it has overtaken the European debt crisis as the most talked-about story in the financial media. The fiscal cliff refers to the enactment of a number of laws that would, […]

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

The World’s TOP Youngest Billionaires

The 70 Billionaires at Davos

Davos is often criticized as a cabal of the global elite. But maybe it’s time they got some populist credit: Only 70 of the 2,500 attendees are actual billionaire. The rest are merely powerful or millionaires… Source: http://blogs.wsj.com

Nets Owner Mikhail Prokhorov Worth Billions Less

The fortune of Russian billionaire and presidential candidate Mikhail Prokhorov has dropped in the past year as the value of his public holdings took a beating… Source: http://www.forbes.com

Hedge Funds to Draw $80 Billion in 2012

…a survey of investors at a symposium in New York with about $4 trillion of assets under management, including $500 billion in hedge funds… bloomberg.com

Billion$ Lost: Goldman makes a serious Mistake

Goldman Sachs Asset Management managed most of the $840 billion in assets Goldman oversaw in December.. bloomberg.com