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Why these billionaires are pledging away their wealth
On Wednesday, the Giving Pledge -- a movement spearheaded by Warren Buffett and Bill and Melinda Gates -- revealed the names of 40 individuals and fam...
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Why Wall Street will win
By Stanly BingWhen news came of big bonuses and huge banking profits coming out of the worst economic downturn in history, did the Street take a hit? ...
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Gold rally not going away until bailout money disappears
Gold has risen 40% since the beginning of 2009, and set new record-breaking highs just this week, rising to $1,250 per ounce. Yet it almost goes witho...
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Why Warren Buffett is everywhere
Some day early next year, Warren Buffett -- and 14 others including former President George H.W. Bush, Maya Angelou, and Stan Musial -- will descend u...
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Why the Fed saved AIG and not Lehman
Why did the government save AIG after letting Lehman Brothers fail?Bill Thomas, the former congressman who is the vice chairman of the Financial Crisi...
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Madoff: Why not take the money and run?
By Stanley BingYesterday Frank DiPascali, Jr. pleaded guiltyto ten counts of fraud and other miscreancies in federal court. You remember Frank. He was...
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The next billionaire challenge China's wealthiest
It's already become known as the Billionaires Banquet in Beijing -- a gathering set for September 29th, hosted by two of the richest and most famous b...
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Why fears of hyperinflation won't die
Deflation may be on Federal Reserve Chairman Ben Bernanke's tongue, but inflation is wagging in at least one corner of the economy. Obscure books anal...
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比尔·盖茨净资产再创新高
彭博社报道称,据其亿万富翁指数(Billionaires Index)估计,随着微软联合创始人比尔·盖茨在加拿大国家铁路公司和Ecolab持有的股份升值,他在周五的个人净资产预计达到了900亿美元的历史新高。这是盖茨的个人财富首次达到900亿美元,不过在今年早些时候,他的身家也曾经接近这一数值。到目...
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High frequency trading: Why the robots must die
The robo-stock market blew a fuse Thursday. Now is Washington’s chance to rewire the joint for good.The exact causes of Thursday’s stock market short-...
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