Global Investing

Home is where the heartache is…

January 17, 2012

On a recent trip home to Singapore, I was startled to learn just how much housing prices in the city-state have risen in my absence.

from DealZone:

Buffett seen raising bet on housing

December 24, 2009

BuffettWarren Buffett is in talks to buy GMAC's mortgage lender Residential Capital, the New York Post reports. Teamed up with Appaloosa Management and Avenue Capital, Buffett has large debt positions in the gut-shot company, according to the Post. In September, Buffett's Berkshire Hathaway and Leucadia National agreed to buy Capmark Financial Group's mortgage loan and servicing business for up to $490 million.