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Billionaire investor Warren Buffett said he offered to shore up $800 billion of municipal bonds guaranteed by troubled MBIA Inc., Ambac Financial Group Inc. and FGIC Corp. in a bid to gain 33 percent of the debt insurance market. ...more
February 13, 2008
Billionaire investor Warren Buffett long has been revered in the business world, but his importance at a trial involving the world's largest insurer is hotly contested. ...more
January 5, 2008
The sky seemed to be the limit for condo association insurance rates in recent years, says state Sen. Mike Fasano. Private companies began dropping the condo associations like hot potatoes. The state-run Citizens Property Insurance was forced to take over policies as the last resort. ...more
November 21, 2007
Google's stock price barreled through $700 for the first time Wednesday, propelled by a belief that the Internet search leader will become even more profitable as it plants its products and services in new markets. ...more
November 1, 2007
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