Archive for July, 2009
Cramer’s ‘Mad Money’ Recap: Invest Like a Pro
Cramer discusses how to avoid five amateur mistakes.
CORRECT: JP Morgan Names China Economist Gong As China Invest Bank Chairman -2-
“>CORRECT: JP Morgan Names China Economist Gong As China Invest Bank Chairman -2-
Malaysia’s $2.8 Billion Fund to Invest in Companies
July 31 — Permodalan Nasional Bhd. , Malaysia’s biggest state asset manager, started a 10 billion-ringgit fund that will invest in publicly traded companies.
CIC investing via Blackstone, Morgan: WSJ
China’s sovereign wealth fund has selected old friends Morgan Stanley and Blackstone to oversee hundreds of millions of dollars in new investments, according to a Wall Street Journal report.
NJ Woman Admits to $15M Investment Scam
The former operator of a Clifton-based real estate investment program has admitted that she fraudulently raised more than $15 million from hundreds of investors.
Venezuela China to invest $7.5B for railroad
Venezuela and China plan to invest US$7.5 billion for the construction of a railroad in the South American country. The railroad will extend roughly 290 miles through several rural states, a region that President Hugo Chavez is trying to develop.
2nd UPDATE: MetLife Swings To 2Q Loss On Investment Losses
CHICAGO — MetLife Inc. swung to a second-quarter loss as the company recorded $3.83 billion in pretax investment losses stemming from losses in derivatives and other asset classes, and from improvements in MetLife’s credit spread.
Qld investment chief quits
Concerns are intensifying about the links between big business and politics in Queensland with the resignation of Trevor Rowe as the head of the Queensland Investment Corporation.
MetLife posts 2Q loss as investment losses soar
MetLife Inc. said Thursday it lost $1.43 billion in the second quarter amid a huge spike in investment losses.
MetLife posts 2Q loss as investment losses soar
MetLife Inc. said Thursday it lost $1.43 billion in the second quarter amid a huge spike in investment losses.