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Bill Ackman's net worth doubles to $9.2 billion in 2025: What is the billionaire's concentrated investment strategy?Bill Ackman's net worth more than doubled in 2025, reaching $9.2 billion, driven by the exceptional performance of Pershing Square Holdings...- Who is Bill Ackman, the man who could broker peace between Elon Musk and Donald Trump?Bill Ackman asked Elon Musk and Donald Trump to stop fighting. Musk agreed with him. This happened after Trump and Musk got into a heated f...
- The Big Short-fame Bill Ackman seeks to build a modern-day Berkshire with Howard Hughes bidBill Ackman envisions Howard Hughes evolving like Warren Buffett’s Berkshire Hathaway. Just as Buffett transformed a struggling textile bus...
- Credit Suisse will pay $600 million to settle subprime case, says insurer MBIAThe agreement follows a ruling by a New York judge in favor of MBIA in the case concerning Credit Suisse's representations to the company, ...
- Five things to know about the Europa League finalSevilla is relatively new here, never reaching a European final until the 2006 UEFA Cup. However, the Spanish club won it twice after that.
- New York broadens mortgage probeNew York has broadened its probe of the US mortgage industry , requesting information from at least five financial institutions that act as...
- Citi, Merrill set for more writedownsCitigroup, Merrill Lynch and UBS may post further writedowns of $10 billion on their debt holdings after the two biggest bond insurers were...
- US stocks wobble as financials weigh on sentimentWall Street has ended a wobbly session with mixed results Wednesday as concerns about the financial sector eroded enthusiasm over a decline...
- Buffett says bought $4 bln of auction-rate debtWarren Buffett on Saturday said his Berkshire Hathaway holding company bought $4 billion of auction-rate securities during the market's rec...
- Warburg raises $15 bn for largest fundWarburg Pincus, the private equity firm that bought a stake in unprofitable insurer MBIA, raised $15 billion for its biggest fund just as c...
- Buffett's pay stays at $100,000Warren Buffett, the world’s richest man, took a $100,000 salary for the 27th consecutive year in 2007 as profit surged 20% at his Berkshire...
- Insurers face another 'Katrina'The collapse of the subprime mortgage market will lead to record losses for insurance companies, overtaking Hurricane Katrina, the worst na...
- Worst may not be over for Lehman, GoldmanVariable interest entities, or VIEs, may add $88 bn in potential losses to the two securities giants as they struggle to come out of the su...
- ANZ Bank: 2008 earnings likely to be hurt by US crisisAustralia & New Zealand Banking Group Ltd, Australia's third-largest lender by market capitalization, warned on Monday its earnings are lik...
- Banks may face additional writedowns of over $200 bnThe world’s banks ‘remain at risk’ of up to $203 billion in additional writedowns, largely because the bond insurance crisis could worsen, ...
- Buffett offers to assume muni liabilitiesBillionaire investor Warren Buffett said he offered to assume responsibility for $800 billion of municipal bonds guaranteed by MBIA, Ambac ...
- Uncertainty around bond insurers next storm after SubprimeAs bad news about the financial system piles up, trust the pillar of investing is being buried.
- Berkshire Hathaway opening bond insurance businessTown governments, school districts and other municipalities looking to borrow money got a new option when trying to insure their bonds: bil...
- US-backed SuperSIV planCitigroup, Bank of America, and JPMorgan Chase abandoned a US Treasury-sponsored plan to buy assets from cash-strapped structured investmen...
- Dollar slips in Asia on subprime worriesThe dollar fell back against the euro in Asian trade on Friday as news of a big loss at investment bank Bear Stearns prompted fresh concern...
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