Real Estate: Ken Griffin Buys Most Expensive US Home for $238-M

Real Estate: Ken Griffin Buys Most Expensive US Home for $238-M

$VNO Citadel, LLC’s founder Ken Griffin closed on the $238-M penthouse at 220 Central Park South,a Citadel spokeswoman said. The purchase price makes it America’s most-expensive home ever. Earlier this month, he paid about $122-M for a 200-year-old home that overlooks London’s St. James’s Park, a short walk from Buckingham Palace. The luxury condo tower […]

Warren Buffett Putting Cash to Work

Warren Buffett Putting Cash to Work

Warren Buffett Putting Cash to Work $BRK.A, $BRK.B, $JPM, $ORCL, $TRV, $DIA, $SPY, $QQQ, $RUTX, $VXX Warren Buffett’s Berkshire Hathaway (NYSE:BRK.A & BRK.B) Wednesday said it had taken stakes in JPMorgan Chase & Co., Oracle Corp. and Travelers Cos., as the conglomerate puts some of its sidelined cash to work. As of 30 September Berkshire […]

Russia Sells US Treasuries, Buys Gold

Russia Sells US Treasuries, Buys Gold

Russia Sells US Treasuries, Buys Gold $GLD Russia is buying Gold, and selling its US Treasuries to avoid “political blackmail,” according to a precious metals market analyst. “This is also a kind of political declaration, stating that countries which have too many dollars can become the object of political blackmail,” the expert, Munich-based Dimitri Speck […]