Jim Rogers Buys Land, Starts Farming
By: CNBC.com | 03 Mar 2009 | 05:35 AM ET
Commodities are still the best play for the long term, legendary investor Jim Rogers told CNBC,
confessing that he has been buying farmland himself.
“We’re still going to eat, probably; we’re still going to wear clothes, probably. Farmers cannot get loans
for fertilizers right now. So the supplies of [...]
Big Bank says “No more money!”
Don’t give money to deadbeats.
“Stephen Green, HSBC’s current chairman, said the London- based bank regrets the 2003 purchase of Prospect Heights, Illinois-based Household International, which added almost 50 million U.S. clients, many with spotty credit histories.”
Don’t give money to thieves, either.
“HSBC also confirmed that it lost about $1 billion in the alleged investment fraud by [...]