Jul 28
Jim Rogers, the legendary investor first went to work on Wall Street with $600 in his pocket in the late ‘60s. In 1970, he and George Soros founded the Quantum fund: one of the greatest investment funds in history. Between 1970 and 1980, the Quantum fund returned 3,365%, outperforming the S&P 500’s performance of 47% …
Permanent link to this article: http://www.wealthson.com/1534/jim-rogers-connections-with-george-soros-and-his-new-bet
Jul 26
*people are on the street breaking and throwing everything on their way. *this outrage may turn into something big says the journalist. *Government may have to step down if it doesn’t come up with solution soon. *Greece has defaulted and government should learn from Latin American crisis that integrity of Greece is at stake.
Permanent link to this article: http://www.wealthson.com/1503/now-thats-what-heavy-debt-can-do-to-a-nation-greece-burns
Jul 26
1. Baidu.com, Inc. This company operates in the Technology sector. The company grew its revenue by 77.96% for the year-over-year period, and had $1,226,864,777 in revenue for the most recent fiscal year. The stock recently traded at $153.89 and its market capitalization is $53,678,902,729. About the company: Baidu, Inc. operates an Internet search engine. The …
Permanent link to this article: http://www.wealthson.com/1502/big-corporations-with-high-revenue-growth
Jul 12
A comment from IMF’s new boss Christine Lagarde that nothing should be taken for granted on Greece has sent alarming signal around the FX market. Here is how the currency market behaved to the statement: Here’s why it will be a sleepless night for FX (and thus ES) traders around the world: The International Monetary …
Permanent link to this article: http://www.wealthson.com/1377/eur-plunges-as-lagarde-hints-of-greek-bankruptcy
Jul 05
Barclays has released a list of top holders of Greek Government Bonds and Debt. The top holders remain central bank and affiliated institutions, explaining the ongoing prerogative to not impair central banks’ Greek holdings as a result of a rating agency event of, even selective, default. From Barclays: In our previous research on the holders …
Permanent link to this article: http://www.wealthson.com/1333/top-40-greek-debt-and-government-bonds-holders
Jun 28
Following steps will be taken by Greece to avail EU bail out package. The plan involves cutting 14.32bn euros ($20.50bn; £12.82bn) of public spending, while raising 14.09bn euros in taxes over five years. TAXATION Taxes will increase by 2.32bn euros this year, with additional taxes of 3.38bn euros in 2012, 152m euros in 2013 …
Permanent link to this article: http://www.wealthson.com/1268/what-includes-greek-austerity-measures
Jun 27
Policy makers are saying that they will not let Greece to default. Does that mean they are not looking at the other side? What if Greece defaults? Will that lead to unprecedented loss to world’s financial system or the small country like Greece, with population less than that of New York, will not have much …
Permanent link to this article: http://www.wealthson.com/1250/what-will-greek-demise-do-to-the-world
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