Sullti

Member Since: June 12, 2007

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This story has mostly positive ratings. 10 votes / No sinks

Billions in Merger Activity

Money – It was freezing outside yesterday, but that couldn't stop merger activity from heating up. Billionaire investor Carl Icahn offered to pay $2.31 billion for the 84% of auto-parts maker Lear he doesn't already own.

Voted for on July 31, 2007 02:22pm

This story has mostly positive ratings. 7 votes / No sinks

Buffett Plays Chauffeur For Charity

Money – London -Warren Buffett, the 76-year-old billionaire-cum-stock market deity, will soon be seen by travelers at Omaha airport donning a chauffeur's cap and parking up his 2001 Lincoln Town Car at the arrivals area to pick up an individual known only as "Bill Zanker."

Voted for on July 31, 2007 12:36pm

This story has mostly positive ratings. 43 votes / No sinks

5-Year Sentence in Oil-For-Food Caper

News – A South Korean businessman convicted of accepting at least $2 million to secretly work on Iraq 's behalf to influence the United Nations' oil-for-food program was sentenced Thursday to five years in prison.

Voted for on July 31, 2007 12:35pm

This story has mostly positive ratings. 6 votes / No sinks

Soros donates 50m to aid Afric

Money – US billionaire George Soros donates $50m to a UN project that aims to tackle poverty and Aids in Africa.

Voted for on July 31, 2007 12:35pm

This story has mostly positive ratings. 6 votes / No sinks

Kerkorian ally quits board

Money – WASHINGTON-A key adviser to billionaire investor Kirk Kerkorian resigned from the General Motors board yesterday, citing a boardroom environment unreceptive to extensive probing and ``grave reservations" about GM's abilities against Asian competitors. Kerkorian, meanwhile, signalled he would not acquire more stock in the world's biggest aut

Voted for on July 31, 2007 12:35pm

This story has mostly positive ratings. 17 votes / No sinks

The Rich Getting Richer

Money – The world's richest are getting younger and richer with more Russians and Indians cropping up among the 946 people on Forbes magazine's 2007 billionaires list.

Voted for on July 31, 2007 12:01pm

A Lesson From Buffett: Give While Living
This story has mostly positive ratings. 9 votes / No sinks

A Lesson From Buffett: Give While Living

Money – Billionaire Warren Buffett's gift to the Bill and Melinda Gates Foundation shows the benefits of giving now -- still, some donors can risk running out of funds. Plus... some good links to check on the integrity of your favorite charities.

Voted for on July 31, 2007 12:01pm

This story has mostly positive ratings. 11 votes / 1 sink

Ted Turner calls for switch to alternative fuels

Money – There's not much middle ground for Ted Turner when it comes to the future of energy in the United States. "What we need is a moratorium on all new coal plants, on all new carbon-producing energy power technologies, and work on replacing them with renewable alternatives," the billionaire founder of CNN said Wednesday.

Voted for on July 31, 2007 11:51am

This story has mostly positive ratings. 19 votes / 4 sinks

US Economy Update - Will the Housing Bubble Lead to Recession?

Money – This article talks about the effects of the housing bubble and current economic indicators on how they willl affect the construction and remodeling industries.

Voted for on July 31, 2007 11:51am

The Key Decision that Earned Bill Gates his 53 billion
This story has mostly positive ratings. 34 votes / 2 sinks

The Key Decision that Earned Bill Gates his 53 billion

Money – As Michael Fowlkes notes in his post this morning, Bill Gates topped Forbes' rich list yet again, with a net worth of $53 billion. I trace the reason why Gates is the world's richest person back to a decision he made at the dawn of the PC age.

Voted for on July 31, 2007 11:51am

This story has mostly positive ratings. 10 votes / No sinks

Stocks Closes Mixed After Disappointing Home Sales Report

Money – Stocks pared steep losses on Monday to end narrowly mixed after a surprise drop in new home sales for February triggered further concern that economic growth is slowing more than expected.

Voted for on July 31, 2007 11:51am

This story has mostly positive ratings. 28 votes / No sinks

Million-dollar homes rented for $150 a month

News – Japanese billionaire Genshiro Kawamoto has selected the first four of eight Native Hawaiian families that will each rent one of his multimillion-dollar homes in the exclusive oceanside Kahala area for $150 a month.

Voted for on July 31, 2007 11:42am

This story has mostly positive ratings. 13 votes / No sinks

Blackstone Seeks Partial 4 Billion Dollar IPO

Money – Blackstone Group LP, one of the world's biggest private equity firms, said on Thursday that it seeks to raise up to $4 billion in a highly anticipated initial public offering.

Voted for on July 31, 2007 11:42am

This story has mostly positive ratings. 9 votes / 1 sink

Japan Loses Asian Top Spot in Billionaires List

News – The number of billionaires in China and India nearly doubled in the last year, pushing Japan from Asia's top spot for the first time in 20 years, according to Forbes Magazine's latest rich list.

Voted for on July 31, 2007 11:39am

This story has mostly positive ratings. 31 votes / No sinks

Should you give family money to kids, or to charities?

Family – Warren Buffett doesn't believe in giving money to his children, calling it "un-American," while most billionaires happily make their children the trustees of their riches. What would you do?

Voted for on July 31, 2007 11:28am