Demystifying Swiss Bank Accounts
Money.co.uk has a neat infographic on Swiss bank accounts. There’s some serious money going through them.
Category: Finance
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US Treasuries Now Riskier than Berkshire Hathaway
What does the bond market think of Barack Obama? He’s risky, according to a Bloomberg report: While Treasuries backed by the full faith and credit of the government typically yield less than corporate debt, the relationship has flipped as Moody’s Investors Service predicts the U.S. will spend more on debt service as a percentage of […]
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Warren Buffett Still Doesn’t Like the Kraft-Cadbury Deal
Image: Lucid Investing The Oracle of Omaha, though he had some say behind Kraft sweetening its Cadbury deal, still doesn’t like it. The New York Times reports: “I’ve got a lot of doubts about the deal,” (Mr. Buffett) told CNBC’s Becky Quick. As before, Mr. Buffett’s concern remains the use of Kraft stock to pay […]
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FSB: The 30 Most Systemically Important Financial Companies in the World
The Financial Times recently learned that the Financial Stability Board, a global regulator focused on the G-20, has created a list of 30 financial institutions considered systemically important in case of a future financial crisis. The companies on the list are likely to spread systemic financial risk around the world. To prevent contagion, regulators plan […]
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12 Economic Bubbles That May Burst
This is a blog post by Drea Knufken. What’s the next big bubble? Green energy? Gun sales? Food? Nobody knows for sure. Based on our research, 12 new bubbles already show potential to make and ruin investors. The markets listed below range from bubble-in-the-making to ready to pop: 1. Gun sales Anticipating anti-gun legislation, certain […]
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Matt Taibbi’s “The Great American Bubble Machine” Demystifies Goldman Sachs
Matt Taibbi’s latest Rolling Stone article, “The Great American Bubble Machine,” undresses Goldman Sachs–and finds a “giant vampire squid wrapped around the face of humanity.” Not only do former Goldmanites essentially run the world, they help manufacture and burst economic bubbles, harvesting mean profits the entire time. Taibbi details how the bank manipulated investors, starting […]
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Accrual Accounting for Non Accountants
At the risk of losing half of you at the mere mention of accounting, I’m going to do it anyway. Accounting can be confusing, but wrapping your mind around a few key concepts can put you far ahead of your competition. What is Accrual Accounting? A lot of the confusion in formal accounting comes from […]
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Online Tools & Investment Software: An Overview
Online tools and investment software enable investors to track their investments’ potential, ideas, and records in more detail. They are most useful for intermediate to advanced investors. In this article, we’ll differentiate between online tools and investment software, explain the perks of each, give you a list of the best ones, and cover some additional […]
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5 Ways to Boost Your Credit Score
Credit concerns got you down? If you’re worried about your credit score, rest assured there are easy ways to improve it. Try these five tips to boost your credit score: 1. Use credit cards. No credit history is just as bad as a horrible credit history. If credit cards make you nervous, only use yours […]
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Even Berkshire Hathaway Isn’t Immune to Bad Economy
2008 was Berkshire Hathaway’s worst year ever, according to its annual letter to shareholders. Has the Buff lost his touch? Probably not–Berkshire Hathaway was just doing what it always does, but in a horrible economy. The Wall Street Journal reports: Warren Buffett’s Berkshire Hathaway Inc. reported Saturday morning that 2008 was the legendary investor’s worst […]
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T. Boone Pickens Loses $2 Billion
Nobody is immune from the bad market. The Wall Street Journal reports the severity with with T. Boone Pickens, energy investor par excellence, was hit: In the latest sign of how the financial crisis and steep drop in commodity prices since July have blindsided some of the most prominent investors, energy crusader T. Boone Pickens […]
