Archive for February, 2009

Buffett’s worst year

Saturday, February 28th, 2009

wrote an interesting post today onHere’s a quick excerptBerkshire Hathaway reported today that its net worth fell in 2008 by $11.5 billion, a decline reducing its per-share book value by 9.6%. That was Berkshire’s worst result in the 44 years that Chairman Warren Buffett has run the company and, in fact, only the [...]

Regulators shutter 2 more banks

Friday, February 27th, 2009

Company news - CNNMoney.com wrote an interesting post today onHere’s a quick excerptU.S. bank regulators closed two more banks on Friday, the 15th and 16th banks to fail this year, as the worsening recession pulled more regional banks underwater.
Read the rest of this great post here