We already gave a full run-down position by position in the Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) holdings as of December 31, 2009. What is interesting is that this round of 13F holdings had…
It is easier said than done. The US government wants to oversee the bank system in a way that would check for the kind of systemic problems that froze the credit markets in late…
The minutes of January’s FOMC meeting show no expectation that rates or inflation are soon to explode higher. But what is becoming more evident is that this near-zero rate policy is starting to have…
If you have followed all the news about sovereign debt risks in the PIIGS (Portugal, Italy, Ireland, Greece, and Spain), you would think that perhaps the Euro was about to implode overnight or that…
This is the list of Berkshire Hathaway Inc. (NYSE: BRK-A)(BRK-B) public equity holdings as of December 31, 2009…. so these are his positions going into 2010. We have broken these into 3 groups for…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) has shown its holdings as of the close of business for December 31, 2009, so that being said these are Warren Buffett’s most recent holdings going into 2010. …
Capital One Financial (NYSE:COF) just announced that credit card defaults rose to 5.80% in January from 5.78% in December. The charge off rate was not good either rising from 10.14% in December to 10.41%…
Barclays (BCS) made $18 billion in the fourth quarter, which by any measure is stunning turnaround considering the problems the big bank had, and shared with most other multinational financial firms just a little…
UK prime minister Gordon Brown expects the G20 to approve a global bank tax at its June meeting, according to the FT. “Mr. Brown believes that opinion has shifted decisively in favour of a globally co-ordinated tax…
Berkshire Hathaway Inc. (NYSE: BRK-B) (NYSE: BRK-A) has already seen its ratings cut last week by Standard & Poor’s over the added leverage of the Burlington Northern Santa Fe (NYSE: BNI) acquisition. Now we…
We have been given some exclusive coverage on the recent developments in special purpose acquisition companies and blank check companies from SPACupdate.com this morning. Talbots Inc. (NYSE: TLB) is up for review this Friday,…
They are a perfect pair. Disgraced former Merrill Lynch CEO John Thain will join CIT (NYSE:CIT), the lending firm disgraced by a Chapter 11 filing, as its new chief. Thain’s partner in the Bank…
The FDIC was probably wise to get its member banks to prepay their fees for 2010, 2011, and 2012. The agency brought in $45 billion by the action, just as its capital base went…
Everyone wants to know about Goldman Sachs Group (NYSE: GS) and how much it is going to pay CEO and Chairman Lloyd Blankfein, following a $100 million bonus being paid to what Main Street now considers…
It was only a matter of time before some bright Congressman decided that the UK decision to tax 2009 banker bonuses over $48,000 by 50% was a good way to raise money for the…