 The Wild Wild World of Wealth |  |
Here’s Part 2 of Dennis Sheehan’s three-part series on China. Here’s a little tidbit: “The mid eighties were like the Wild West in China for the astute investor. It was very specialized and you had to be knowledgeable in doing business there but it was extremely profitable for some.”
Goldman Sachs just awarded a $50 billion valuation to Facebook. And in a shrewd branding maneuver, the storied financial behemoth is offering its high-net-worth clients the option to co-invest in the world’s leading social media site.
Before investors jump in with their big boots, however, I encourage them to review this groundbreaking analysis—which I unearthed over at Herding Cats.
CNN Money turned the Dow’s 2010 performance into piano music. It’s not Billy Joel. (I guess someone didn’t care for college bowl games over the New Year’s break.) But it’s worth a listen.
You know all those investment books—send me $29.95 and I’ll show you how to make millions in the stock market? Forget it. You want market returns. Just tweet this 300-word post and watch portfolios soar. Yours free. Click now and watch the money pour in.
Acrimoney ran a post last October about reloading—that’s hitting the same Ponzi victim twice. Now with some Madoff victims losing the spread between a twenty and fifty cents recovery, I wonder if we’re seeing more of the same. Is it savvy investing or is there a functional equivalent of expert networks in the Ponzi world?
Young computer programmer Rob Donovan receives an emergency call from his boss at the First Malden Bank in Boston after the first successful cyberattack in American banking history scrambles thousands of account records. First Malden’s survival is on the line as furious customers and voracious reporters descend on the bank. Rob is part of the team trying to fix the damage, until the FBI charges him with the crime and brings his world crashing down. Facing prison time and the loss of his fiancée Lesley, Rob’s only chance of reclaiming his life lies in cutting through a web of mistrust and betrayal to uncover the startling truth behind the attack.
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