Sunday, November 23rd, 2008

Posts Tagged ‘ Cash Infusion ’

Kuwait Sovereign Wealth Fund Considering Bigger Citigroup and Merrill Stakes

Jun 4th, 2008 | By Mike Caggeso | Category: International Investing

Struggling U.S. financials Citigroup Inc. (C) and Merrill Lynch & Co. Inc. (MER) may get another equity injection from state-owned Kuwait Investment Authority (KIA), the fund’s managing director told Reuters.



Precious Metals Get Tagged Again

May 2nd, 2008 | By Doug Casey | Category: Gold Market

Gold took it on the chin after holding near $880 in the far East, falling in London and through most of the New York session on Thursday, before finally finding a bottom at $850 and trading sideways for the afternoon hours, finishing at $851.90, down $24.70. Overnight, gold has been flat.