Gold captured the attention of investors around the world in 2009 as it soared past $1200 before dipping recently. Heading into 2010, gold remains a favored “alternative” asset for individuals, institutions and central bankers alike who are loo
Daily Archives: December 17, 2009
Is Sovereign Debt the New Subprime?
Is Sovereign Debt the New Subprime?That’s a question many on Wall Street are asking as 2009 comes to a close. Just as many subprime borrowers were unable to make their mortgage payments in 2007 and 2008, investors now fear certain
James Altucher’s Top Stocks for 2010
Looking to put some money to work in the stock market in 2010? The (seemingly) always-bullish James Altucher of Formula Capital is back on Tech Ticker with some of his top picks for the New Year: Assured Guaranty: Assured Guaranty
Ron Paul Is Wrong! The Bailouts Worked and the Worst Is Behind Us, James Altucher Says
James Altucher of Formula Capital isn’t afraid to take a controversial stand, as evinced by his recent defense of Goldman Sachs and attack on the solar industry. …
Lynn Tilton’s Plan to “End the Plague of Joblessness” in America
“It’s my personal mission to end the plague of joblessness in this country,” says Lynn Tilton, CEO of Patriarch Partners.Unlike many politicians, that’s not just campaign rhetoric. Tilton’s firm has over $7 billion in equity and direct investmen
Not Too Late to Buy Gold: Beware of Global Bumps Ahead, Lynn Tilton Says
With markets still rallying from March lows, it’s easy to wonder if the window is closed for investors who’ve been waiting on the sidelines.Not so says our guest, Lynn Tilton, founder and CEO of
If You Thought the Economy Was Being Inflated by the Stimulus, You Ain’t Seen Nothing Yet
From The Business Insider, Dec. 15, 2009: Think the economy is being inflated by economic stimulus right now?
Well if that’s the case, then get ready for a ride over the next two years.The majority of Obama’s stimulus hasn’t even been spent yet. Th
Big Banks Escape TARP But “We’ve Left Our American People Behind,” Lynn Tilton Says
Add Wells Fargo to the list of banks repaying their TARP loans. It’s another indicator the banking system is on the road to recovery — or at least in better shape than this time last year. Of course, that’s thanks to Treasury programs like TA