Gorbachev launches political party with Russian billionaire
The former Soviet leader, Mikhail Gorbachev, is to launch a new political party with a Russian billionaire, Alexander Lebedev. Lebedev, a businessman and banker whose company, National Reserve Corps, controls ... Read more »
Bloomberg to become economic czar?
Mayor Michael Bloomberg has suddenly managed to make speculation about his future look like a tug of war — stay four more years and guard the city against financial ruin ... Read more »
Billionaire NYC mayor powerless to stop meltdown
On the morning after Lehman Brothers filed for bankruptcy, Mayor Michael Bloomberg was in the middle of a news conference at a public school library in Brooklyn when an aide ... Read more »
Thai Prosecutors Charge Thaksin, May Seize $2 Billion
Thai prosecutors charged former Prime Minister Thaksin Shinawatra with abusing his power, seeking to confiscate $2.2 billion of assets that were frozen after a 2006 coup.“The court should seize Thaksin’s ... Read more »
McCain and Pickens Meet for Breakfast in Aspen
John McCain met for breakfast this morning with T. Boone Pickens, the billionaire oil man who is now campaigning for alternative fuels, particularly wind power. The pair ate at the ... Read more »
Bush hosts ruler of Dubai at Camp David
President George W. Bush welcomed Dubai’s ruler to Camp David on Sunday, returning the favor for the opulent hospitality he received in the United Arab Emirates this year. At the ... Read more »
Pickens, Gore Sidestep Differences in Alternative-Energy Quest
The most unlikely alliance in this election year hasn’t come out of any political campaign. It’s in the convergence of interests between billionaire oilman and Republican Party backer T. Boone ... Read more »
Bloomberg: No endorsement yet in presidential race
New York Mayor Michael Bloomberg told Minnesota independents Friday that he hasn’t made up his mind between Republican John McCain and Democrat Barack Obama — and might not until Election ... Read more »
Billionaire Abramovich quits as Russia governor
Russian billionaire Roman Abramovich quit as governor of a remote Arctic region, ending what analysts said was a deal with former President Vladimir Putin to give something back to the ... Read more »
Icahn Says Obama Would Be `Terrible’ U.S. President
Billionaire investor Carl Icahn said Barack Obama would be a “terrible” U.S. president whose election would bring higher interest rates and a loss of international confidence in the dollar. “I ... Read more »
Bill Clinton Earned $15.4 Million From Burkle Firm Since 2003
Former President Bill Clinton has earned $15.4 million from billionaire Ron Burkle’s Yucaipa Cos. investment firm since 2003, according to tax documents released by his wife, presidential candidate Hillary Clinton. ... Read more »
Russia: The World’s Richest Government
Russia had the second-highest number of billionaires in the world this year, but when it comes to wealth in government, the former Soviet Union is clearly No. 1. Twelve billionaires ... Read more »
Berlusconi Says Tax-Evasion Fight Can Fund Cuts in Income Tax
Silvio Berlusconi, the front-runner to become prime minister in the April 13-14 national elections, said that the fight against tax evasion can fund the lowering of Italy’s highest income-tax bracket.Berlusconi ... Read more »
Scaife endorses Hillary
Hillary Clinton walked into a Pittsburgh Tribune-Review conference room last Tuesday to meet with some of the newspaper’s editors and reporters and declared, “It was so counterintuitive, I just thought ... Read more »
FT talks with Thaksin Shinawatra
FINANCIAL TIMES: Many people are now looking at Thailand and wondering what is going to happen next. The Thai economy has really seemed to struggle over the last two years. ... Read more »
Bloomberg:” I’m Not Running for President, but … “
Bringing an end to a long flirtation with a bid for the White House, Mayor Michael R. Bloomberg has officially closed the door on a presidential candidacy this year. In ... Read more »
Barack Obama embarrassed by billionaire link to home deal
A British-Iraqi billionaire lent millions of dollars to Barack Obama’s fundraiser just weeks before an imprudent land deal that has returned to haunt the presidential contender, an investigation by The ... Read more »
Berlusconi in push to win Catholic vote
Silvio Berlusconi, bidding for a third term as Italian prime minister, is launching a “shock” electoral campaign that yesterday involved reaching out for the Roman Catholic vote over the issue ... Read more »
Italy heads for snap election
The way has been cleared for early elections in Italy, after the speaker of the Italian senate was unable to raise enough support to change voting rules blamed for much ... Read more »
Oprah says women should feel free to vote for Obama over Clinton
Offering women a permission slip to desert the candidacy of Hillary Rodham Clinton in favor of Barack Obama, Oprah Winfrey said Sunday they should not feel guilty if they preferred ... Read more »
Italy’s great survivor
He has slipped down the rankings of the world’s richest, the courts are still in hot pursuit and political obituaries were written when he fainted on stage and slid slowly ... Read more »
Politics Of The Billionaires
Forbes has just published a list of billionaires active in politics either via their donations or outright endorsments of politicians. As expected most of the donations/support is to Democrats. ... Read more »
Bill Clinton, a Mining Deal and a Big Donor
Late on Sept. 6, 2005, a private plane carrying the Canadian mining financier Frank Giustra touched down in Almaty, a ruggedly picturesque city in southeast Kazakhstan. Several hundred miles to ... Read more »
Burkle bond’s hard to break
SO much for reports that Bill and Hillary Clinton were trying to distance themselves from Ron Burkle. The Beverly Hills billionaire has been named one of the five national finance ... Read more »
Thaksin ally elected as new Thai prime minister
Thai lawmakers elected Samak Sundaravej, an ally of deposed premier Thaksin Shinawatra, as the nation’s new prime minister Monday, restoring civilian leadership after 16 months of military rule. The election of ... Read more »
Prodi’s Resignation May Herald Berlusconi’s Return
Prime Minister Romano Prodi’s resignation puts Silvio Berlusconi back in the driver’s seat of Italian politics, increasing the chances that the billionaire media tycoon will return to power for a ... Read more »
BET Founder Johnson Defends His Recent Criticisms of Obama
A day after his remarks about Sen. Barack Obama helped fuel a rancorous debate about race in the Democratic presidential contest, an unapologetic Robert L. Johnson described how frustrating it ... Read more »
Bloomberg Meets With Ballot Expert
While still insisting he is not running for president, New York Mayor Michael Bloomberg signaled his seriousness about a possible independent campaign by meeting with the ballot access expert and ... Read more »
Perot blasts McCain, endorses Romney
The phone rang and it was Ross Perot, who hasn’t given an interview in years. Perot, who won 19 percent of the vote in the 1992 presidential election, making him ... Read more »
BET Founder Bob Johnson Takes Aim At Barack Obama, Stands Up For Hillary
According to The Associated Press, the outspoken Hillary Clinton supporter said he was insulted by the way Barack’s campaign twisted Clinton’s words concerning the Civil Rights movement. Clinton was quoted ... Read more »
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