Monday, October 21, 2013

China throws billionaire activist in jail

Chinese billionaire, Wang Gongquan, a supporter of the fragile Chinese civil rights movement, is thrown in jail for mouthing off against the powers that don't want to hear this nonsense. 

The Beijing crackdown continues.

Saturday, October 19, 2013

Billionaire Sprott: China To Dominate The World

Billionaire Sprott Says Gold & China To Dominate The World (via

In the aftermath of another wild week of trading in which the US Dollar Index closed below the key psychological level of 80, today billionaire Eric Sprott told King World News that gold and China will dominate the world going forward. The Canadian…

Friday, October 18, 2013

Fidelity Billionaire Abigail Johnson Promotes ETFs

Fidelity Billionaire Johnson Taps ETFs as Profits for Funds Fade (via Jarkesy Money)

Fidelity Billionaire Johnson Taps ETFs as Profits for Funds Fade When Abigail Johnson began her apprenticeship at Fidelity Investments 25 years ago, the Boston-based firm founded by her grandfather was the nation’s biggest mutual-fund company and…

Thursday, October 17, 2013

BTW, of course Mark Cuban wins his insider trading case

Basketball team owner, (alleged) insider trader, entrepreneur and charmer of Texas juries with many women says after his aquital:
"I am glad this happened to me," Cuban told The Wall Street Journal. "I am glad I am wealthy enough to stand up to the SEC."

Wednesday, October 16, 2013

David Tepper: Bullish on the Fed, Bullish on the Market, Bullish on Everything

David Tepper: 

"Fed Won't Taper For A Long Time" "Generally Speaking Market Will Go Up"

Tuesday, October 15, 2013

Sony says thanks, but no thanks to Daniel Loeb

Sony boss says no acrimony with hedge fund billionaire (via AFP)

Sony's chief executive on Friday brushed off suggestions of bitter relations with a US hedge fund boss after the company rejected his call to spin off its entertainment arm. The affair was widely portrayed as a clash of corporate cultures, pitting a…

Monday, October 14, 2013

Tax Dodger Richard Branson Says He is no Tax Dodger

Richard Branson has sold his British home to his kids and has fled Britain for Neker Island according to the Sunday Times.

Sunday, October 6, 2013

Saturday, October 5, 2013

Berlusconi: Bad Boy Billionaire

Berlusconi by the Numbers: Woes of a Billionaire (via Bloomberg TV)

Oct. 2 (Bloomberg) --- Italy continues to be on the brink of a political meltdown, with Silvio Berlusconi's People of Freedom party trying to torpedo the government. Bloomberg Television's David Tweed looks at the numbers behind the former prime minister…

Thursday, October 3, 2013

Mark Cuban can't remember Jack

The CEO of told billionaire Mark Cuban that the company planned to sell more shares to the public which would dilute the value of Cuban's stake.

"I was upset," Cuban testified Thursday in court in Dallas. But he said he couldn't remember anything else that would help prosecutors convict him.

Wednesday, October 2, 2013

$1 billion of car sales

Investors with 5% of Microsoft Stock Suggest Bill Gates Leave As Well

Three Major Microsoft Investors Call for Bill Gates to Step Down

Billions of ..... people!!!

World population to reach 9.7 billion by 2050

A report by the French Institute of Demographic Studies projected there would be 10 to 11 billion people on the planet earth by the end of the century.