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Wednesday, December 03rd, 2008

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Posts Tagged ‘ CIC ’

Bank of America (BAC) Seeks to Boost Stake in China Construction Bank (CCB)

Nov 17th, 2008 | By William Patalon III | Category: Financial News

Bank of America Corp. (BAC) will likely boost its stake in state-owned banking giant China Construction Bank Corp., paying about 36 cents a share (2.46 yuan), or 1.2 times the Beijing-based lender’s book value, China’s Caijing magazine reported last Friday, citing unidentified sources.

Tags: ABGEF, ABGEY, BAC, Bank Of America, Bank Of China, BX, Caijing Magazine, CCB, China Construction Bank, CIC, investing in China, MS, William Patalon III
Posted in Financial News | Comments2008-11-17+14%3A20%3A41William+Patalon+III

If Only Chinese Money Was Our Biggest Problem

Apr 8th, 2008 | By Andrew Gordon | Category: International Investing

Should Chinese money be bailing out U.S. companies? That’s one of the topics of the widely respected news show “60 Minutes” airing tonight (Sunday). Unfortunately, I’ll be out celebrating my sister-in-law’s 47th birthday tonight, so I’m going to miss it.

Tags: Blackstone, China Investment, Chinese Money, CIC, Economic Chaos, Foreign Exchange Reserves, Foreign Investment, interest rates, Investment Corporation, Morgan Stanley, National Debt
Posted in International Investing | Comments2008-04-08+13%3A10%3A39Andrew+Gordon

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