By Keith Fitz-Gerald Contributing Editor As a tri-athlete who has competed at the international level, I know what it takes to get ready both physically and mentally for these always-challenging events. So when I tell you that the Beijing-bound Summer Olympians are asking themselves two questions – over and over, like a computer stuck in […]
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The China Connection: Why Dubai is Really Interested In MGM
By Keith Fitz-Gerald Contributing Editor As I’m sure we’ve all seen, the Dubai government – through its Dubai World investment subsidiary – is going to pony up $5.1 billion for a 9.5% stake in Kirk Kerkorian’s MGM Mirage (NYSE: MGM). Dubai is also reportedly interested in a 50% ownership position in MGM’s billion-dollar CityCenter development […]
Aussie Hedge Fund Says it Benefited From Exposure to U.S. Sub-prime Mortgages
HFA Holdings Ltd. (ASX: HFA), an Australian hedge fund manager that manages more than $3 billion, said it anticipated the U.S. subprime mortgage crisis.
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