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Latest Wilbur Ross News

  1. Why Bond Investors Have Plenty to Worry About

    Thu, 24 Jan 2013

    bond bubble includes Treasuries, signaling risk aplenty, according to professionals including legendary value investor Wilbur Ross and successful hedge fund manager Leon Cooperman . Instead of being safe, these investments are in a larger bond bubble that

  2. Billionaire Donors Hide Behind Velvet Curtain at Republican Convention

    Thu, 30 Aug 2012

    Among those spotted by ABC News was Wilbur Ross , a Palm Beach billionaire who oversees the private equity firm W.L. Ross and Co. The Center for Responsive Politics reported that Ross has given $470,000 in contributions

  3. Romney Party Yacht Flies Cayman Islands Flag

    Wed, 29 Aug 2012

    waited dockside to speak with members. "It was a really nice event. These are good supporters," said billionaire Wilbur Ross , an energy industry executive. Spencer Zwick, one of Romney's top fundraisers, said the event was not to raise

  4. Capital Crunch

    Fri, 28 Jan 2011

    negotiate." One big target in the negotiations will be Assured Guaranty, the municipal insurer backed by billionaire Wilbur Ross . Assured Guaranty insured $198 million of the incinerator debt--and another $420 billion of municipal debt around

  5. FDIC eases rules for private buys of failed banks

    Wed, 26 Aug 2009

    closed in May. BankUnited was sold for $900 million to a group of private equity investors that included billionaire Wilbur Ross ' firm, without the new FDIC policy being in effect. Private equity firms mostly buy distressed companies, slash

  6. Clem's Chronicles: Obama vs. Cheney/NY Terror Plot

    Thu, 21 May 2009

    The new bank will be run by John Kanas who had been the CEO of North Fork Bank and now consults for Wilbur Ross ’s private equity fund, WL Ross . The other investors purchasing the bank include private equity firms Blackstone

News

  1. Task force exec Ron Bloom can see all sides in auto fight

    Wed, 18 Mar 2009

    the economics of business," says Wilbur Ross , investor and owner of International Auto Components Group. Ross met Bloom while investing in steel companies in Pennsylvania. Ross bought bankrupt companies and restructured

  2. Obama has much to do on economy before taking office

    Thu, 6 Nov 2008

    says Kevin Tynan, an Argus Research analyst. Financier Wilbur Ross said the new administration's first move, before Obama but can't come up with the financing to get it done. Ross estimates the government's cost at about $10 billion

  3. Obama has much to do on economy before taking office

    Thu, 6 Nov 2008

    says Kevin Tynan, an Argus Research analyst. Financier Wilbur Ross said the new administration's first move, before Obama but can't come up with the financing to get it done. Ross estimates the government's cost at about $10 billion

  4. Steel once again a hot commodity

    Mon, 12 May 2008

    2000 allowed the industry to mend itself, Halpert says. Some of the biggest changes occurred in 2002, when financier Wilbur Ross began forming International Steel Group. Amid a steel depression, ISG gradually bought some of the nation's top steel

  5. Ross investing up to $1B in bond insurer Assured

    Sat, 1 Mar 2008

    Billionaire investor Wilbur Ross has agreed to make up to bond insurer said Friday WL Ross & Co . will purchase $250 million 250 million investment by Ross is subject to regulatory condition of the investment, Ross will be appointed to Assured

  6. Stocks hammered by economic worry, AIG, Dell

    Sat, 1 Mar 2008

    banks are at risk of failing. Some relief for the ailing bond insurance industry is on the way. Billionaire investor Wilbur Ross agreed to invest up to $1 billion in Assured Guaranty . Assured does not have as much exposure to bad subprime debt

  7. Stocks lose for day, but blue chips eke out weekly gain

    Sat, 26 Jan 2008

    pleased by reports from U.K. newspapers that billionaire Wilbur Ross was in talks to acquire bond insurer Ambac Financial Group new business. Ambac rose 21 cents to $11.54. Word of Ross ' interest follows comments this week by New York State

More »

Videos

  1. Tough Questions: One Year Later

    Wed, 27 Dec 2006

    Welcome I'm Brian Ross chief investigative correspondent Virginia pose questions to Wilbur Ross . They a billionaire who help. The workers. Mr. Ross would not return our follow Mine Workers official says Wilbur Ross could be fairly compared

    Wilbur Ross Ross found at 0:34, 3:03

    Welcome I'm Brian Ross chief investigative correspondent for ABC news. Today we're going to take another look at two important stories we cover this year. Stories were serious questions were raised to powerful people. Questions as you'll see they were not so eager to answer. Starting with the single mine tragedy in West Virginia -- pose questions to Wilbur Ross . They -- a billionaire who is chairman and principal stockholder of the company that owns the mine. Our questions dealt with his
    and -- trying to raise more money to help. The workers. Mr. Ross would not return our follow -- phone calls this week and there is no public record of how much he personally contributed to the mine victims fund. We do know the total contributions from everyone in the country including Ross We're only 950000. Dollars United Mine Workers official says Wilbur Ross could be fairly compared to Ebenezer script. Our next during which aired in January of this year dealt with the treatment by

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