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Keyword: investor

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  • N.J. has lost its wealthiest resident to Florida, report says (David Tepper)

    04/06/2016 8:14:15 AM PDT · by DCBryan1 · 24 replies ^ | 16, 2016 at 3:04 PM, updated March 17, 2016 at 7:17 AM | By Craig McCarthy
    New Jersey's wealthiest man may be making a common Northeast move: a relocation to the tax-friendly state of Florida, a report says. According to Bloomberg, David Tepper has shifted the base of his Appaloosa Management to the Sunshine State as of Jan. 1 after registering to vote and declaring citizenship in Miami at the end of 2015. Taxes were reportedly an important part of the 58-year-old's decision, but also, quality-of-life played big part in his choice to move, according to the article. Tepper has been a resident of the Garden State for more than two decades and has continually appeared...
  • Napa Winery Owner Executes Investor

    03/24/2015 9:48:30 PM PDT · by LibWhacker · 49 replies
    Wine Searcher ^ | 3/17/15 | W. Blake Gray
    Businessman chased through a vineyard and shot dead by his partner after a dispute over money turned deadly.It sounds more like a Hollywood movie than a sunny afternoon in pristine Napa Valley – a man, shot once already, runs through a vineyard screaming for help on his cellphone while his business partner chases him in an SUV, shooting at him the whole time. Emad Tawfilis, 48, made it to the road Monday and could see sheriff's deputies arriving. But Robert Dahl got out of his black Toyota SUV, walked up to Tawfilis, and shot him in the head, killing...
  • California billionaire bets on rentals with Wake home-buying spree

    03/22/2013 1:07:57 PM PDT · by nascarnation · 3 replies ^ | Feb 23, 2013 | David Bracken
    Daniel Creswell’s house in northeast Raleigh sat on the market for nine months until late last month, when a deep-pocketed buyer arrived seemingly from another era. Creswell had bought the property back in April at a foreclosure auction for $162,500. After fielding low offers for months, the mystery buyer offered $210,000, or $10,000 below his asking price. Creswell eventually agreed to a price of $213,000, or $1,000 more than the home originally sold for in 2002. In addition to paying cash, the buyer paid the closing costs and the cost of the home inspection.
  • Fed Remains Dubious Of Economy As Investors Cheer Stimulus

    09/15/2012 5:23:16 AM PDT · by Son House · 20 replies
    San Diego Source ^ | September 15, 2012 | GEORGE CHAMBERLIN
    You just never know how the financial markets will react to the Federal Reserve and announcements from Chairman Ben Bernanke on monetary policy. Most of the time it is a big yawn bordering on disappointment, but this past week proved to be just the opposite.On Thursday the Fed’s Open Market Committee did what most observers had anticipated: opened up the money tap with another massive infusion of funds to, as the Fed statement suggests, “put downward pressure on long-term interest rates, support mortgage markets and help to make broader financial conditions more accommodative.”The committee agreed to increase policy accommodation by...
  • Another Obama fundraiser is investor in car company that won federal loan

    10/28/2011 10:37:53 AM PDT · by Nachum · 11 replies
    Washington Post ^ | 10/28/11 | Carol D. Leonnig
    An investment firm whose vice chairman has been an adviser and fundraiser for President Obama saw one of its portfolio companies win approval this year for $50 million in loans from the administration’s clean-energy loan program. Washington-based Perseus says its affiliation with James A. Johnson, a major fundraiser for Obama’s campaign, played no role in persuading the Energy Department to award the loan to Vehicle Production Group, a Miami start-up that is manufacturing wheelchair-accessible cars and taxis. Johnson headed Obama’s vice presidential selection committee in 2008 and is the former chairman of housing mortgage giant Fannie Mae.
  • Solyndra Investor, Obama Bundler George Kaiser in 2009: It’s Time to Cash in on the Mother of All

    09/20/2011 8:54:47 AM PDT · by Nachum · 11 replies
    Verum Serum ^ | 9/120/11 | Morgen
    Billionaire Obama fundraiser George Kaiser visited the White House 16 times over the past 3 years, and is caught in the middle of the Solyndra scandal as the company’s chief investor and prime beneficiary of the debt restructuring approved by the Obama Administration earlier this year. This has lead to the obvious question of whether Kaiser leveraged his political connections to obtain federal stimulus funding, and preferential treatment, but surely there might be a less nefarious explanation for Kaiser’s White House visits, right? Nah…
  • Solyndra Investor admits: we wanted the loan so we could 'go public and cash out'

    09/16/2011 12:24:55 PM PDT · by Nachum · 41 replies
    American Thinker ^ | 9/16/11 | Ed Lasky
    A clearer picture of the underlying insider scheme at Solyndra is beginning to emerge.(snip) There was another motivator -- Solyndra's management and investors had an eye on an initial public offering. "There was a perceived halo around the loan," said an investor with knowledge of the company. "If we get the loan, then we can definitely go public and cash out."
  • 'Swedish shipments to Nazis may have been ransom for captured Swedes'

    06/30/2011 4:06:19 PM PDT · by WesternCulture · 6 replies ^ | 06/29/2011 | Susanne Berger/Ingela Magner
    Historical documents related to the capture of seven Swedes by the Gestapo in Poland in 1942 puts Sweden's subsequent ball bearing deliveries to Nazi Germany in a new light, argue historians Susanne Berger and Ingela Magner. A new review of document collections in the Swedish National Archives (Riksarkivet) shows that the arrest of the seven "Warsaw Swedes" by the Gestapo in Poland in 1942 not only seriously jeopardized the men's lives but posed an existential threat to Swedish Match companies and other Swedish businesses throughout Eastern Europe. The men's release two years later was apparently secured not only through painstaking...
  • Hollywood Fundraiser For Rahm Emanuel

    10/22/2010 3:04:46 PM PDT · by La Lydia · 6 replies · 1+ views ^ | October 22, 2010 | Nikki Finke
    ...five well-known Hollywood Democrats -- David Geffen, Bob Iger, Peter Chernin, Haim Saban, and Ari Emanuel -- are hosting a November 4 fundraiser for Ari's brother Rahm Emanuel in his bid to become Chicago's next mayor. Rahm, a former Democratic U.S. Representative from Illinois' 5th Congressional District (2003-2009), resigned as President Obama's White House Chief Of Staff on October 1 to throw his hat into the mayoral race following the retirement of Richard M. Daley whose last name more or less owned that political office the way most families would takeover the dining table. The Hollywood fundraiser will be held...
  • Protests at seizure of German-owned Zimbabwe farm

    07/02/2010 10:08:02 AM PDT · by Free ThinkerNY · 9 replies
    Associated Press ^ | July 2, 2010 | ANGUS SHAW
    HARARE, Zimbabwe (AP) -- Germany's government said Friday it will cut off aid to Zimbabwe unless illegal and violent occupiers are removed from a farm owned by a German national. In a Friday protest note to the Zimbabwe foreign ministry, Germany noted the occupation of the eastern Zimbabwe property owned by German investor Heinrich von Pezold violates a decade-old investment agreement between the two countries.

    03/08/2009 1:20:34 PM PDT · by Son House · 19 replies · 868+ views
    CNBC ^ | Thursday, 5 Mar 2009 | Jennifer Dauble
    On Monday, March 9th, Billionaire investor Warren Buffett will join CNBC's Becky Quick live from Omaha for a special edition of CNBC's signature morning show, "Squawk Box" (6AM-9AM ET). For three hours, the Oracle of Omaha will answer viewer's questions about Berkshire Hathaway's performance, the markets and the economy. To submit questions email or go to and click on "Ask Warren." For more information go to:
  • Why Democrats Will Target the Investor Class in 2009

    03/05/2009 8:00:34 AM PST · by 101viking · 22 replies · 1,358+ views
    US News & World Report ^ | October 30, 2008 | James Pethokoukis
    There are at least two pretty effective ways to turn someone into a Republican: (1) get them married with kids and (2) get them to invest in the stock market. So, if I were a highly paid Democratic political strategist, I would make sure to spend a few minutes every day thinking of ways to get Americans out of the stock market—the faster, the better. And that's why if Barack Obama is elected president next week, 2009 may well bring a concerted and all-out effort by the Obama administration and a Democratically dominated Congress to turn the generally pro-Republican Investor...
  • Fool Him Twice: The Worst Investor Ever

    12/29/2008 10:40:23 AM PST · by Notary Sojac · 3 replies · 807+ views
    Long Or Short Capital.Com ^ | undated | "Johnny Debacle"
    I’ve found the worst investor ever. I mean this has to be him right? His name is Jerome Fisher, the name may be slightly familiar as the founder of shoe-company Nine West. But he has done so much more than that. He lost a significant chunk of change in not one, but two of the biggest hedge fund scams in history, KL Group and Bernie Madoff Investment Securities. He was an investor with the KL Group, a hedge fund run by Korean-American scam artists who defrauded investors of nearly $200 million. Maybe he should get a pass for this one...
  • Mass. investor saw inside Madoff scam (WHO was 'asleep at the switch', Obama?)

    12/19/2008 10:42:35 AM PST · by NormsRevenge · 38 replies · 2,915+ views
    AP on Yahoo ^ | 12/19/08 | Jay Lindsay - ap
    BOSTON – His repeated warnings that Wall Street money manager Bernard Madoff was running a giant Ponzi scheme have cast Harry Markopolos as an unheeded prophet. But people who know or worked with Markopolos say it wasn't prescience that helped him foresee the collapse of Madoff's alleged $50 billion fraud. Instead, they say diligence and a strong moral sense drove his quixotic, nine-year quest to alert regulators about Madoff.
  • Judge: AIG reserves fraud caused big investor loss ($544 Million, 5 fmr. execs face hefty jailtime)

    11/03/2008 4:44:02 PM PST · by NormsRevenge · 6 replies · 562+ views
    Reuters on Yahoo ^ | 11/3/08 | Martha Graybow
    NEW YORK (Reuters) – A financial manipulation scheme cost American International Group Inc investors at least $544 million, a judge has estimated, a finding that could mean the five former executives convicted in the fraud will face lengthy prison terms when sentenced. The case is unrelated to AIG's mortgage-related losses that led to a near collapse of the company in September and an $85 billion emergency line of credit from the U.S. Federal Reserve. Four former executives at General Re Corp, a unit of Warren Buffett's Berkshire Hathaway Inc, and one former AIG executive were found guilty by a federal...
  • Hedge Funds Get Rattled As Investors Seek Exits (hedge funds death watch)

    09/06/2008 6:39:28 PM PDT · by TigerLikesRooster · 27 replies · 166+ views
    WSJ ^ | 09/05/08 | Gregory Zuckerman and Craig Karmin
    Hedge Funds Get Rattled As Investors Seek Exits Friday September 5, 11:44 pm ET By Gregory Zuckerman and Craig Karmin With anxiety about hedge-fund woes gripping the market, funds have their own fear: their investors. Some investors, particularly what are known as "funds of funds," are demanding their money back and may ramp up requests in the weeks ahead. That has prompted hedge-fund managers to sell securities to raise cash. "As the hedge fund investor base broadens, hedge fund portfolio management...slips out of the hands of the portfolio managers and into the hands of the investors," wrote , who runs...
  • Investor group attacks banks over subprime

    03/10/2008 9:27:39 PM PDT · by TigerLikesRooster · 8 replies · 527+ views
    FT ^ | 03/10/08 | Francesco Guerrera and Ben White
    Investor group attacks banks over subprime By Francesco Guerrera and Ben White in New York Published: March 10 2008 21:46 | Last updated: March 10 2008 21:46 A band of vocal shareholders will this week step up a campaign against a string of Wall Street banks, accusing them of failing to prevent their mortgage-related losses and threatening to vote against several directors at upcoming shareholder meetings. Union-backed CtW Investment Group, whose affiliated pension funds have over $200bn (£99.5bn) under management, is expected to launch its first attack on Morgan Stanley, and follow up with campaigns against some of the banks...
  • Hedge Funds Are Squeezed by Investors and Lenders

    08/21/2007 4:27:49 AM PDT · by TigerLikesRooster · 14 replies · 828+ views
    NYT ^ | 08/20/07 | JENNY ANDERSON
    Hedge Funds Are Squeezed by Investors and Lenders By JENNY ANDERSON As summer neared, investors in Sowood Capital Management, a $3 billion hedge fund, had little to complain about. The fund was up 16 percent over the previous 12 months. Blue-chip management was in place, and any risk was well-hedged with a comfortable cushion of financing in place, the fund said in a letter to investors. But a rocky June turned into a calamitous July, and by the end of the month, Sowood was on the brink of collapse. As the credit market tightened, Sowood had to sell stocks to...
  • Out of Work? Become an Investor

    03/27/2007 6:41:40 AM PDT · by A. Pole · 288 replies · 4,568+ views ^ | August 13, 2003 | Mike Norman
    Job growth is falling, and unfortunately, fewer jobs are being created. A lot of new jobs are going to low-cost labor markets, like China and India. The U.S. can't compete with this, nor should it try. This doesn't mean jobs will never again be created here. New jobs will emerge, but they'll be in different industries and perhaps driven by unique demographics, like in health care, where an aging population is creating the need for workers. (The U.S. has only lost 2% of the payroll base, despite all we've been through; it's a very mild adjustment. Germany and Japan have...

    03/20/2007 7:06:15 AM PDT · by devane617 · 78 replies · 2,372+ views
    NYPost ^ | 03/20/2007 | RODDY BOYD
    March 20, 2007 -- Flamboyant Wall Street trader turned TV host Jim Cramer, not known for being the shy, retiring type, might have said too much in a video interview he did for a financial Web site. The host of CNBC's daily program "Mad Money" had hedge fund-trading desks buzzing yesterday after he bragged about manipulating stock prices during his days as a trader. In the video from's "Wall Street Confidential" Webcast, Cramer boasts about manipulating the price of a high-flying stock down, and even acknowledges that doing so might have been illegal. The video is making the rounds...
  • Bloomberg Special Report - Phantom Shares (Investor Alert)

    03/14/2007 2:22:24 PM PDT · by devane617 · 36 replies · 580+ views
    YouTube ^ | 03/13/2007 | Bloomberg Bloomberg TV just did a special documentary on Naked Short Selling and airs March 13th at 7pm EST, 9pm EST, 10pm EST. Discusses naked short selling and what is being done to stop it.
  • S.E.C. Is Reported to Be Examining a Big Hedge Fund

    06/23/2006 6:27:43 AM PDT · by devane617 · 46 replies · 938+ views ^ | 06/23/2006 | WALT BOGDANICH and GRETCHEN MORGENSON
    One of the nation's most prominent hedge funds, Pequot Capital Management, is under investigation by the Securities and Exchange Commission for possible insider trading, according to government officials briefed on the case.
  • Doors Close for Real Estate Speculators (Investor Bubble Pop Alert!)

    04/22/2006 9:19:49 AM PDT · by baltoga · 35 replies · 1,019+ views
    The Washington Post ^ | Saturday, April 22, 2006 | Kirstin Downey
    Investors who sought quick profits buying and selling real estate in the Washington region are in full retreat, dampening demand for homes, most notably for condos. What is becoming apparent, market watchers say, is how big a part speculators played in the region's real estate boom of the past few years. Not just condominiums, but also townhouses and single-family houses, were snapped up by investors using no-money-down financing and non-traditional loans. They helped send prices soaring at unprecedented rates. And now many are trying to sell, or rent at a loss. Some may eventually dump properties at low prices to...
  • 'Le Sheriff' predicts al-Qaeda attack in Asia(French terrorism expert says)

    08/26/2005 6:05:37 AM PDT · by TigerLikesRooster · 13 replies · 429+ views
    Expatica ^ | 08/26/05
    'Le Sheriff' predicts al-Qaeda attack in AsiaLONDON, Aug 26 (AFP) - Al-Qaeda is preparing an attack on a big financial centre in Asia, such as Tokyo, Singapore or Sydney, to undermine investor confidence in the region, France's top terrorist investigator says. In an interview with the Financial Times newspaper Friday, Jean-Louis Bruguière added that several Asian countries are less prepared than Britain or the United States for such an attack. "We have elements of information that make us think that countries in this region, especially Japan, could have been targeted" by the al-Qaeda network, the investigating magistrate said. "Any attack...
  • Investor Soros Appeals Trading Verdict

    02/10/2005 10:06:45 AM PST · by NormsRevenge · 6 replies · 488+ views
    AP on Yahoo ^ | 2/10/05 | Laurence Frost - AP
    PARIS - Billionaire investor George Soros, challenging a conviction for insider trading, denied the charges in a French appeals hearing Thursday and insisted he knows the difference between inside and public information. The Hungarian-born financier was fined 2.2 million euros ($2.8 million at today's rates) in December 2002, matching the amount he was accused of having made from buying and selling shares of French bank Societe Generale with insider knowledge 17 years ago. Questioned by the three-judge panel, Soros confirmed having received some information from French financier Georges Pebereau about his investment fund's plans to buy a large stake in...
  • Extraterrestrial edge helps the balance sheet

    01/23/2004 8:18:58 AM PST · by Momaw Nadon · 21 replies · 418+ views
    Bloomberg News via ^ | January 21, 2004 | By A. CRAIG COPETAS
    A galactic mystery hovers over the World Economic Forum meeting in Davos, Switzerland: How many of the 2,280 global leaders, including 31 heads of state, gathered in this Alpine resort conduct business with extraterrestrials? This is no whimsy for Davosians. It's on the agenda of the annual powwow of the influential and affluent who will ask forum participants such as Vice President Dick Cheney, Coca-Cola Chairman Douglas Daft and De La Rue Chief Executive Ian Much if the aliens have landed and are collaborating with them to concoct government policy, brew soda pop and mint Iraq's new bank notes. "The...
  • US Our big foreign owners ("Our" being "Australia")

    01/09/2004 7:00:16 AM PST · by hotpotato · 162+ views ^ | Jan 09, 2004
    AMERICANS may be the biggest single foreign investment player in Australia, but the Brits have it over them when it comes to making a profit. A new study by the Australian Bureau of Statistics into globalisation found American owned firms made a greater contribution to the domestic economy than any other country. United States' residents own 3439 businesses. The next best were Brits who owned 792 businesses. Other foreign nationals with strong business links to Australia included New Zealand (871 businesses), South Africa (632 businesses), Hong Kong (440 businesses), Germany (378 businesses) and Japan (347 businesses). The American owned businesses...
  • Watch the rise of America's investor class

    05/04/2003 7:50:52 PM PDT · by FairOpinion · 9 replies · 142+ views
    Financial Times ^ | May 4, 2003 | John Zogby
    Whichever way you look at the US presidential election of 2000, you see a nation divided right down the middle. George W. Bush and Al Gore each received 48 per cent of the popular vote. Among those who cast votes for a Senate candidate, 48 per cent voted Republican and 48 per cent voted Democrat. The same 48 per cent/48 per cent vote was tallied for the House of Representatives. And, lest we forget, the Florida Supreme Court voted 4 to 3 for Mr Gore, while the US Supreme Court voted 5 to 4 for Mr Bush. The 2000 election...
  • President Has EArly Lead in 2004 Race

    01/05/2003 7:41:20 PM PST · by FairOpinion · 18 replies · 208+ views
    Scott Polls ^ | Jan. 5, 2003 | Scott Rasmussen
    At the beginning of 2003, President George W. Bush holds double digit leads over five Democratic contenders for his job. In ballot tests against Senator Tom Daschle, Senator John F. Kerry, Senator Joe Lieberman, Senator John Edwards, and Governor Howard Dean, the President was consistently preferred by about 45% of American voters. In each case, the Democratic candidate received approximately 30% of the vote. No matter which prospective Democratic nominee was named, roughly 10% of voters said they would opt for a third party candidate and roughly 15% were not sure how they would vote. The sheer consistency of the...
  • Investor held amid Sept. 10 concerns

    05/26/2002 10:05:56 PM PDT · by galethus · 78 replies · 2,044+ views
    UPI ^ | May 25, 2002 | National Desk
    SAN DIEGO, May 25 (UPI) -- An Internet investment adviser charged with insider trading was being held without bail on a parole violation Saturday after federal prosecutors in San Diego raised questions about a stock-sales order he placed the day before the September terrorist attacks on the World Trade Center and Pentagon. Amir "Anthony" Elgindy, 34, of Encinitas, faces charges in New York of allegedly taking part in a stock manipulation and extortion scheme with four other people, including two current and former FBI agents. Prosecutors, however, raised questions during a detention hearing Friday about what he might have known...
  • Scientists Discover "Investor Gene"

    03/31/2002 10:10:47 PM PST · by petuniasevan · 12 replies · 314+ views
    TheMotleyFool ^ | 4-2001 | staff
    Scientists Discover "Investor Gene" Email this page Format for printing Become a Fool! Request Reprints Discussion Boards Investor Gene By The Motley Fool Staff Have you been frustrated with your inability to beat the market? Well, apparently, it's not your fault. Earlier this week, the Human Genome Project discovered and isolated a DNA sequence that enhances financially related skills, specifically investing. According to scientists, your chances of being an above-average investor are miniscule if you don't have the "Investor Gene." The study -- a sampling of 1000 subjects -- reveals that only one person in 10 has the Investor Gene....