Stories Around the Web and the Blogs – Aug 31 2009
We at Personal Dividends are focused on bringing stories and articles to our readers that are topical and help them in some ways to make sense of the complexities of the life today. As part of this effort we will now post frequent articles that collect some of the more interesting and relevant articles around the web for our readers. Here is the first edition.
- This story at the New York Times points out that the government is already realizing profits on the investments it made to prop up the struggling banks as the bailout fever gripped the nation. It is interesting to note that if the private investors had bought these banks when the government was doling out the taxpayer’s money, they would have made profits 3 times as much as the government made due to the fact that the government ended up overpaying for these assets.
- Bloomberg reports that Cerebrus is now trying to raise funds as the investors withdraw their assets. Cereberus ended up writing off their investment in Chrysler and had to take a large dilution when GMAC chose to be ‘helped’ by the government. Apparently, there are enough investor money waiting to get into a Cereberus fund.
- Another study looking into the financial risk taking differences between the genders reports that women with higher levels of testosterone tend to take more financial risks
- Entrepreneurship is indeed the key to building wealth. If you are looking to embark on an entrepreneurial venture, make sure you read The 5 Key Questions to Ask. You may also be wondering How to Design a Successful Business Website.
In other news, the article on Cash Flow Management at Personal Dividends has been featured in the Carnival of Personal Finance at Stretchy Dollar. There is a collection of great personal finance articles in this carnival, so be sure to hop over and give it a read.
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