Articles

Congressman Darrell Issa becomes the first person in government to cast doubt on Sikes.

California faces a financial crisis of epic proportions. The State now seems likely to elect a governor who make the worst acquisition in financial history, making the Arnold Schwarzenegger election look rational.

From 1983 to 2008 Klarman's hedge fund, the Baupost Group, returned 16.5% a year, outperforming the S&P 500 by more than 6% a year. In the 10 years ending December 31, 2008, he beat the market by an impressive 14.5% a year. Here are his lessons for investors from the crisis of 2008.

Forbes came out with their rankings of the richest people in the world. Mexican magnate Carlos Slim took the top spot, the first time since 1994 that either Bill Gates or Warren Buffet didn't top the list.

Barclays Bank, the second largest bank in the United Kingdom, is apparently looking to buy a large US retail bank. Is your bank up for sale?

The latest California driver to loose control of his Prius seems just a little too media savvy and attention hungry.

The Board of Directors of Goldman Sachs has rejected demands made by a group of shareholders to overhaul the way it pays it's executives and employees. A lawsuit has also been filed.

The Bureau of Economic Analysis released the personal income and personal consumption numbers for January and they show that personal consumption, which makes up 75% of the economy is back to 2006 levels.

Peter Lynch delivered a compound annual return of 29.2% over 13 years at the Fidelity Magellan Fund. In a recent interview, Lynch shared some of his insights on the economy and offered timely and excellent advice for all investors.

In 2001 Goldman Sachs structured a complex transaction to allow the Greek government, currently at risk of default, to report artificially lower debts.

In any era where consumer electronics is a zero sum game for everyone but Apple, Dell looks especially horrible.