Investment Officers
Lessons of Reinhart-Rogoff: Lawrence Summers
The economics commentariat and no small part of the political debate in recent weeks has been consumed with the controversy surrounding the work of my Harvard colleagues (and friends) Carmen Reinhart ...
Buffett: Berkshire to Become ‘Significant Factor’ in Commercial Insurance
Investor Warren Buffett said Berkshire Hathaway plans on growing its commercial lines insurance business quickly now that it has added four executives from American International Group (AIG). "I ...
Hand-Picked Berkshire Bear Ready to ‘Spice Things Up’ for Buffett This Weekend
Hedge fund trader Doug Kass had his first brush with fame at the age of 10, when he appeared on a U.S. television quiz show, Tic-Tac-Dough, and won every day for a week. More than five decades later, ...
European Central Bank Cuts Main Interest Rate
The European Central Bank cut interest rates for the first time in 10 months on Thursday, driven to act by an economy wallowing in recession and freed to do so by sharply falling inflation. The ECB ...
Eurozone Sees Light at End of Tunnel, Also More Rough Stops Ahead
There are no calls for celebration, no desire to relax in the corridors of Brussels but some officials believe the euro zone has turned a corner, sharpening the focus on longer-term reforms and ...
U.S. May Not Hit Debt Limit Until October
The United States might not hit the statutory limit on its debt until October, a policy research group said on Friday, giving Republican lawmakers more time to extract spending cuts from the Obama ...NY City Sues BP Over Deepwater Horizon Spill
New York City said on Friday it sued BP Plc for more than $39 million of losses it claims beneficiaries of the city's pension funds sustained due to BP's "misconduct and fraudulent behavior" linked ...