Wednesday, June 30, 2010

Elin Nordegren Gets Almost a Billion

Tiger Woods is banned from letting girlfriends near his kids in a divorce deal netting his ex a record $750 million settlement, The Sun reported Wednesday.

Wednesday, June 16, 2010

The $600 billion challenge

Instead of "shop until you drop," it is "give until it hurts" time for Bill Gates and Warren Buffett.

Billionaires Gates and Buffett are asking the nation's billionaires to pledge at least half their individual net worth to charity, in their lifetimes or at death, to change the face of philanthropy.


Wednesday, June 2, 2010

Buffett's Big Warning: State's Facing A "Terrible Problem" In Rolling Over Their Debt

Warren Buffett's appearance in front of the FCIC approved very few fireworks. By our estimation, the Oracle totally charmed the panelists, preventing them from landing a blow on anyone. 

But this is interesting, especially if, like us, you think that state finances remain a growing economic problem. 

According to DealBook, he warned of a "terrible problem" for states in refinancing their debts. Asked whether various states should be rates AAA, he said: "If the federal government will step in to help them, they are triple-A. If the federal government won’t step in to help them, who knows what they are.”