Income Opportunity Links

Why Has America's Income Inequality Skyrocketed?

Slate's Timothy Noah is doing a multi-week feature on income inequality. The blogosphere, particularly the left-leaning portion, is taking note. Noah starts out at a point many liberals have been hammering for years: income inequality today is greater than in parts of the famously stratified Gilded Age. Toward the end of that era, "the richest 1 percent accounted for 18 percent of the nation's ...

Standard & Poor's Initiates Factual Stock Report Coverage on Western Asset Mortgage Defined Opportunity Fund Inc.

NEW YORK--(BUSINESS WIRE)--Standard & Poor’s announced today that it has commenced Factual Stock Report coverage on Western Asset Mortgage Defined Opportunity Fund Inc. Western Asset Mortgage Defined Opportunity Fund Inc. (NYSE: DMO) is a nondiversified, closed-end management investment company. DMO seeks to provide current income and then to liquidate and distribute substantially all of their ...

Greece Says Bonds an ‘Opportunity’ as Deficit Falls

Greek government bonds are no longer “something to fear” and the country is on track to meet its budget goals for this year, said Finance Minister George Papaconstantinou.

Greece Says Its Bonds Now Investment `Opportunity' as Budget Deficit Falls

“We feel confident that given where we are at the moment there won’t be any problem in hitting the target” for cutting the deficit, Papaconstantinou said in an interview in Athens yesterday.

Buffett, Gates shunned by Chinese tycoons

In the world of business, who in their right mind would turn down the opportunity to dine with Bill Gates and Warren Buffett? Chinese tycoons, apparently.