While Warren Buffet has proclaimed that the recession is over and that we now need to keep investing in the US economy to help its recovery, Rupert Murdoch has bought a 9.09% stake in the Rotana Group. Rotana is a private company controlled by Saudi Prince Alwaleed bin Talal, who is looking to make it public. Playing with house money, bin Talal is now searching for a financial advisor to determine when he should go public, and Murdoch is a good guy to have on your side.
Topics: General |
