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In Brief - Berkshire EagleBOSTON (AP) — Gas prices in Massachusetts have plummeted another 15 cents in the past week to the lowest level in almost six months. AAA Southern New England reported yesterday that a gallon of self-serve, regular gasoline is averaging $3.32, the ...
Buffett: My fix for the economy - CNN Money(Fortune) -- Warren Buffett said Thursday the pricetag of the controversial $700 billion Wall Street bailout may have to rise, and suggested that Treasury team with private investors to buy the distressed mortgage assets at the center of the rescue ...
Buffett Purchases GE, Goldman Stakes in Credit Crunch (Update1) - BloombergOct. 2 (Bloomberg) -- Warren Buffett , the billionaire who says the U.S. economy suffered a heart attack, is betting General Electric Co. and Goldman Sachs Group Inc. are among companies that will thrive when the credit crunch eases. Buffett ...
300bn wiped off property values since January - Estate Agency NewsTHE average value of homes in Britain has been falling by £43.84 every day since the beginning of the year, wiping a staggering £300 billion in value off the housing market since January. As the property market continues to battle against the ...
Former Goldman banker leads bailout - Politico.comWhen he took to the lectern at the American Enterprise Institute on Sept. 19, Neel Kashkari was a little-known Treasury official on hand to give a PowerPoint presentation on obscure aspects of the nation’s mortgage markets. The small audience gave ...
Buffett Uses Credit Crunch to Take Cheap Stakes in GE, Goldman - BloombergOct. 2 (Bloomberg) -- Warren Buffett , the billionaire who says the U.S. economy suffered a heart attack, is betting General Electric Co. and Goldman Sachs Group Inc. are among companies that will thrive when the credit crunch eases. Buffett ...
Buffett says economy needs immediate help - BusinessWeekOMAHA, Neb. Billionaire investor Warren Buffett said the nation has been hit with an "economic Pearl Harbor," and the government must respond quickly. Buffett talked about the nation's ongoing financial woes in an appearance on the "The Charlie Rose ...
Buffett Bets On GE - ForbesFirst Goldman Sachs , now General Electric . Billionaire Warren Buffett is taking advantage of a depressed stock market to take positions in some of America's most well-regarded companies at attractive prices. Trading of General Electric (nyse: GE ...
News & Features Navigation - Minnesota Public RadioThe Bush administration and Federal Reserve Chairman Ben Bernanke have proposed a $700 billion bailout of failing U.S. financial institutions. Explore Bailout Lawmakers, White House agree on $700B bailout Frank sees bailout accord by Sunday Lenders ...
CHRONOLOGY-2008 a year of global financial turbulence - Forbes(Reuters) - The biggest financial crisis since the Great Depression nearly 80 years ago has hit the world this year. Here are some key dates: Jan. 11 - Bank of America (nyse: BAC - news - people ) pays $4 billion for Countrywide Financial (nyse: CFC ...
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