Hedge Fund Lender Reaps Returns on Fallen Companies Banks Shun
Jan. 12
(Bloomberg) -- Hedge fund manager Michael Tennenbaum, at age 74, plans
to race down a giant slalom course on Vail Mountain in Colorado in
March at the Directors' Invitational Ski Classic, an annual event that
pits pro skiers against business executives. More...
What will the Federal Reserve do about inlation
Last week, Federal Reserve Chairman Ben Bernanke gave a speech in
front of the Economic Club of Washington, saying he expected "inflation
to remain subdued for some time." The speech was what we have come to
expect from Bernanke, in which nothing came across as much of an
emergency. More...
U.S. cities seek ways to aid property developers
NEW YORK (Reuters) - U.S. municipal and state governments, despite
facing their own cash shortfall, are finding ways to help local
property developers navigate the current downturn, in some cases
rescuing projects that would otherwise fall victim to the credit crunch. More...
Rebuilding Your Wealth with Real Estate
By Thomas J. Powell
As our economy slowly recovers, many investors are concerned with
recouping the money they lost during the crisis. Pulling your funds out
of investments all together will do nothing to bulk up your savings,
while sinking your money into risky funds can do further damage. So,
with black-and-white options not offering solutions, where can
investors put their money to work? More...
Taking Control of the Things We Can
by Tom Powell
Harvard AMDP Alumni News - Cambridge 8
Earlier this week, after wrestling with the spate of painful economic
news provided by major media, I recognized that I had no immediate
control over any of the massive economic concerns. The stock market
zigged when I hoped it would zag. Unemployment numbers, often reported
differently, moved at different paces in the undesirable direction. More...
Listen to Thomas J. Powell and Loral Langemeier from her National Radio Show
Thomas was interviewed by Loral Langemeier, author of The
Millionaire Maker, and one of the featured speakers on The Secret.
Thomas discussed the economy, the direction in which he sees the
markets moving, his book Standing In The Rain and his weekly newsletter
and podcast The Powell Perspective. More...
Thomas J. Powell’s Interview with Jeffrey Benjamin
Listen to Tom’s interview with radio talk show host Jeffrey Benjamin on Tom’s new book Standing In The Rain.
Reno lender writes the book on the financial meltdown Northern Nevada Business Weekly
Tom Powell has spent more than two decades as a lender, and it’s no
surprise that folks turned to him with their questions as a financial
crisis enveloped the world in the past two years.
“How did we get here? How long will it last? How are we going to get
through it?” I’m a finance guy. I live and breathe this stuff,” says
Powell, the chief investment officer of ELP Capital Advisors in Reno. More...