Wilbur Ross
Latest Wilbur Ross News
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S&P Downgrade of Long-Term US Debt Divides Experts
tiny error of $2 trillion," said billionaire investor Wilbur Ross in an interview on CNBC. "It's almost as though they downgraded was democracy, rather than anything else," Ross said. THE DEFENDERS: S&P's supporters argued that
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Capital Crunchnegotiate." 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
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FDIC eases rules for private buys of failed banks
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
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Clem's Chronicles: Obama vs. Cheney/NY Terror Plot
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
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Task force exec Ron Bloom can see all sides in auto fight
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
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Obama has much to do on economy before taking office
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
News
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Obama has much to do on economy before taking office
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
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Steel once again a hot commodity
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
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Ross investing up to $1B in bond insurer Assured
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
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Stocks hammered by economic worry, AIG, Dell
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
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Stocks lose for day, but blue chips eke out weekly gain
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
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Safety Questions Continue as Troubled Sago Mine Is Shut Down
Owner Speaks to Brian Ross Blotter Families Accuse Check Out the Latest Brian Ross Slideshows Phil Smith of its billionaire founder Wilbur Ross , alleging the company interview with ABC News, Ross said he was aware of reported
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Families Accuse Sago Mine Owner of Being a Scrooge
billionaire who runs the mining company, Wilbur Ross , is accused by some of the victims Sago tragedy that killed 12 miners, Ross announced the company had established Coal Mine: Owner Speaks to Brian Ross Did Sago Miners Get a 20-Minute
Videos
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Tough Questions: One Year LaterWelcome 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
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 hisMr. 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
