DEAR MR. BERKO: I’m told there is a very private banking club of exactly 60 imperial Swiss financiers, none of whose members took any losses in the recent world economic downturn; they knew well ahead of time that the Dow ...Read More »
The Senate Banking Committee is finalizing housing-finance reform legislation, and will present it to the full Senate on April 29. “After canvassing other members of the committee, we plan to schedule our recommendations for our plan for a bipartisan housing-finance ...
Tagged with: U.S. Senate Banking CommitteeRead More »
DEAR MR. BERKO: My neighbor subscribes to The Value Line Investment Survey, which recommended the stock of Frontier Communications, which yields 7.5 percent, and Annaly Capital Management, which yields 11 percent. He gave me copies of Value Line’s write-ups on ...Read More »