All posts tagged "banks"

  • Warren Buffett - Berkshire Hathaway
    Warren Buffett: Buying Stocks and Will Buy More

    Berkshire Hathaway held its much followed annual meeting over the weekend.  Becky Quick, Andrew Ross Sorkin and Joe Kernen interviewed Berkshire chairman and most famous investor in the world, Warren Buffett, this morning. Buffett said he was...

    • Posted May 7, 2012
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  • Banks Don’t Make Money Over Time

    As the financial stocks show absolutely no signs of strength amid all the hoopla of Apple, Chipotle and Netflix, I recall an old post by Barry Ritholtz regarding the inability of our esteemed money changing institutions to be profitable over time.  Ritholtz cited a column by...

    • Posted July 20, 2011
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  • Meredith Whitney Sees Credit Losses Spiking at Banks

    Meredith Whitney, who has received accolades for her insight and influence, was interviewed on CNBC yesterday. Whitney doesn’t see good things for the banks with regards to credit defaults and expects interest rates to rise substantially next...

    • Posted December 9, 2009
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  • Futures Slammed as Dubai Debts Weigh on World Markets and Dollar

    The country of Dubai rattled world markets today as its mad spending spree has led to a major debt scare. Dubai, with debts thought to be $60 billion, has asked to postpone repayments until May. That stoked...

    • Posted November 27, 2009
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  • Ken Heebner Says the Worst is Behind Us

    Ken Heebner, long-time successful money manager, and in the words of Larry Kudlow, “investing titan,” said he likes certain REITS, financials and stocks in the retail area. Heebner stated that the banks were earning huge profits re-financing...

    • Posted April 20, 2009
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  • Wilbur Ross, "There are almost too many opportunities"

    Wilbur Ross, known for buying distressed assets, was interviewed by Bloomberg regarding the current crisis and where the opportunities are. Ross said it was ludicrous for the U. S. to have thousands of banks (around 8,000) and...

    • Posted February 15, 2009
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  • Warren Buffett Likes Banks?!?

    I’m still scratching my head a little over the fact that Warren Buffett has bought stakes in Bank of America, Wells Fargo and U.S. Bancorp. He must not see the impending train wreck as the train is...

    • Posted August 17, 2007
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