Alex Berenson
Alex Berenson
Alex Berensonis a former reporter for The New York Times and the author of several thriller novels and a book on corporate financial filings...
NationalityAmerican
ProfessionAuthor
Date of Birth6 January 1973
CountryUnited States of America
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Fannie Mae has never publicly disclosed how much money it could lose if interest rates rose 1.5 percentage points in a very short period of time.
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Many newly public companies are able to post a year or two of strong sales growth off a small base, but their growth almost always slows over time, thanks to what investment professionals call 'the law of large numbers.'
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Over the years, I've spent time in Saudi Arabia, the Bekaa Valley, Afghanistan, Jordan, and Kenya, among other vacation hotspots.
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Even a war zone looks peaceful in most places, most of the time.
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Information technology departments must spend enormous amounts of time and money worrying about integrating big computer systems with billions of pieces of customer data.
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Robert M. Morgenthau, the Manhattan district attorney, has seen a few financial schemes in his time. As the lead local prosecutor in the world's financial capital, he has battled frauds like the Bank of Credit and Commerce International, which stole billions of dollars from investors worldwide.
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Stocks in the United States plunged in 2002 amid fears of war and terrorism, a weak economy, rising oil prices and dozens of corporate scandals. It was the third consecutive annual decline, the first time that has happened in 60 years.
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Did anyone in the White House or the N.S.A or the C.I.A. consider flying to Hong Kong and treating Mr. Snowden like a human being, offering him a chance to testify before Congress and a fair trial?
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John W. Snow was paid more than $50 million in salary, bonus and stock in his nearly 12 years as chairman of the CSX Corporation, the railroad company. During that period, the company's profits fell, and its stock rose a bit more than half as much as that of the average big company.
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From 1983 to 2000, William Goren stole more than $30 million from investors on Long Island and in Queens. His favorite targets were widows and retired couples, like Helga and Simon Novack, Holocaust survivors who gave Mr. Goren their life savings.
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Because Genentech is a leading developer of cancer therapies, some doctors also fear that the company's pricing plans for Avastin - around $8,800 a month - may encourage other companies to charge more for their own oncology drugs.
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America Online, of course, is a master of the hard sell, from stuffing mailboxes with free trial offers to forcing subscribers to click through ads before they can get their e-mail.
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Although not well known outside Wall Street, Freddie Mac and its corporate cousin, Fannie Mae, are two of the world's largest financial institutions and play a crucial role in the housing market.
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A vote of confidence from Cisco Systems can be very important to fledging technology companies, especially if they have initial public offerings on the horizon.