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1 Million Dollar Loan - News Articles
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Friday, September 26, 2008
Washington Post, United States -
By Charles Krauthammer Treasury Secretary Henry Paulson went to Capitol Hill seeking $700 billion. He got an earful. Now, $700 billion is a serious sum, and Congress has the fiduciary responsibility to make sure the money it appropriates goes for a good cause. But ... -
Friday, September 26, 2008
Forbes, NY -
AP 09.26.08, 6:10 AM ET Government data should show the economy rebounded in the spring, a short-lived improvement as the worst financial crisis in decades threatens to throw the country into a tailspin. Gross domestic product, or GDP, will increase at a ... -
Sep 24, 2008
MarketWatch -
By Greg Morcroft, MarketWatch NEW YORK (MarketWatch) -- Billionaire investor Warren Buffett said Wednesday he believes some form of Treasury Secretary Henry Paulson's rescue plan for the U.S. financial system will pass, adding that he wouldn't have invested in Goldman Sachs ... -
Sep 24, 2008
Telegraph.co.uk, United Kingdom -
Warren Buffett on why he invested in Goldman Sachs and more wit and wisdom from the canny investor such as "You can't keep money around for ever. It's like saving sex for your old age. "AIG would be doing fine now if they'd never heard ... -
Sep 24, 2008
Telegraph.co.uk, United Kingdom -
Warren Buffett, the US billionaire buying a $5bn stake in Goldman Sachs, has said recent economic turmoil "will look like nirvana" if senators do not approve a $700bn bail-out plan soon. ... -
Sep 24, 2008
MarketWatch -
MANASSAS, Va., Sept 24, 2008 /PRNewswire-USNewswire via COMTEX/ -- The following is a statement by Richard A. Viguerie, Chairman of ConservativeHQ.com: ... -
Sep 24, 2008
FOXBusiness -
By Cody Willard Warren Buffett, for whom I’ve always had the utmost respect and admiration for but who has a fresh $5 billion in cash and millions of warrants of vested interest in the firm that the Treasury Secretary used to run and which just coincidentally happens ... -
Sep 24, 2008
Financial Times, UK -
By Stephanie Kirchgaessner and Daniel Dombey in Washington Hank Paulson might not be ready to back down publicly from his assertion that his proposed $700bn ... -
Sep 24, 2008
Forbes, NY -
Stocks trudged higher Wednesday, as investors took comfort in a bet on Wall Street by Warren Buffett, but the session's gains were muted. ... -
Sep 24, 2008
Forbes, NY -
Wall Street was on hold Wednesday, little changed as the US Treasury Department's financial bailout plan churns toward its destiny. The Capitol Hill hearings over the Treasury Secretary Henry Paulson's proposal continued for a second day, with ...
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Sep 24, 2008
MarketWatch -
By MarketWatch US stocks close mostly lower as indecision over the Bush administration's bank bailout plan weighs on investors, offset somewhat by optimism over Warren Buffett's deal to buy a stake in Goldman Sachs Group. See full story. ... -
Sep 24, 2008
USA Today -
Catching up with Wall Street, it was another volatile day of trading, but it ended better than the previous two sessions. The Dow Jones and S&P 500 closed ... -
Sep 24, 2008
Forbes, NY -
The calm may come after the storm in Washington, as lawmakers hash out the details of a legislative package to shore up the financial sector Thursday, after two days of debate over the structure of a deal. Treasury Secretary Henry Paulson and Federal Reserve ... -
Sep 24, 2008
Times Online, UK -
Any company would be delighted to be endorsed by the world's most respected investor. But given Warren Buffett's keep- it-simple approach to investing and ... -
Sep 24, 2008
guardian.co.uk, UK -
A Texas-based trader who made a $1.25m (£674000) profit on volatile banking shares is so outraged by the US government's proposed Wall Street bail-out that he is using his proceeds to campaign against "trickle-down communism". Bill Perkins, who runs a venture capital firm ... -
Sep 24, 2008
guardian.co.uk, UK -
Legendary investor Warren Buffett reckons the US government can make a sizeable profit if it manages its $700bn (£380bn) banking bail-out package carefully - and he urged Congress to act quickly to avert an "economic Pearl Harbour". Having been uncharacteristically quiet ... -
Sep 24, 2008
Financial Times, UK -
I am glad that Hank Paulson, who wants to raise a $700bn US government fund to buy distressed mortgage securities in an effort to restore confidence to financial markets, is an old Wall Street hand. In a world where Sarah Palin, the US Republican vice-presidential ... -
Sep 24, 2008
Financial Times, UK -
By John Gapper A lot of people used to think that Goldman Sachs ran the US economy. Now we know it does. On Tuesday morning, Hank Paulson, the US Treasury ... -
Sep 24, 2008
Financial Times, UK -
By Charles Dumas Warren Buffett’s purchase of a $5bn stake in Goldman Sachs is a more powerful message to the market than Hank Paulson’s proposed $700bn bailout, and supports the view that stocks finally offer good value, says Charles Dumas at Lombard Street Research. ... -
Sep 24, 2008
New York Times, United States -
By DAVID LEONHARDT Maybe the American taxpayers should be asking Warren Buffett to be negotiating on their behalf. Treasury Secretary Henry Paulson has ...
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