Interestingly enough, there might be still some room to invest in General Motors. Well, you might say that this is an insane investment after all, but after all the bondholders of GM might have a point after all. And yes, we at doitinvest.com reffer to a potential investment in GM’s bonds.
In a recent ABC interview, Virginia Hamerness, one of the descendants of the Bank of America founders, named the executives of BOA “a bunch of idiots”. Why Well, let’s start with the fact that they agreed to buy Merrill Lynch last fall, even after learning that the outgoing CEO paid lavish bonuses to the same executives who oversaw Merrill’s downward […]
Sometimes I can’t stop wondering. First of all, AIG decided to pay bonuses to its executives for about $160 million. Of course, the cash came from the roughly $90 billion government help to the worldwide linked insurer to survive until toady, in a move which was very much debated. Since AIG showed that its fall would trigger a domino collapse […]
Mr. Keynes, one of the most respected economists of al times, the one who’s doctrines are still running many countries, has once remarked: “Blessed be our nephews, becasue they shall inherit the national debt”. In the same manner, they shall inherit the outcome of our investment strategies and fortunes, so why not start now in a positive manner?
One of the most awaited lists in the world of money, the one maintained by Forbes, has been published. And of course, is hitting all the media channels. If you look at the list, many positions have been changed. And this is mostly due to the recent worldwide shakedown of the economies, who have torn appart many industries. The financial […]
Gone are the days when the only question that Boeing was asking itself was: “Should we make big planes or small ones?” And that bet has not proved yet to be a success, but nor a failure.
After the Dow Jones fell to the smallest level since 1997, the investors can find that buying shares of some global icon companies can be cheaper that buying the products of those companies. One obvious example is the banks sector. As we previously mentioned here on doitinvest.com, Citibank has been basically nationalized by the government which now owns the majority […]