Most of this country's wealth is in real estate and small business ownership. And investors over 40 are clamoring for the tax-deferred or tax-free benefits of holding their tangible assets in IRA accounts.
Redeploying these valuable taconite plant assets affords a rare opportunity to sharply reduce project development costs while creating new employment opportunities in an area still recovering from the traumatic LTV plant closure.
Refiners are very popular on Wall Street now. If you bought refining (capacity) before the summer of 2005, you suddenly got one of the hottest assets on Wall Street.
Recovering equities and still overall strong commodity markets suggests that there is little broad-based concern that central bank policy tightening will curtail global economic growth and there is still adequate global liquidity chasing higher risk assets and capping risk premiums,
Real might need to look for a merger partner and I think the assets are valuable.
President Bush participated in briefings, phone calls and conversations throughout this process, and his administration was focused on making sure that the federal assets were in place to help the people of New Orleans.
My greatest asset is that I am constantly changing.
Rich people tend to live on the coast. We all like to live at the beach. The bottom line is that we formed a lot of attitudes based on good luck. Now, damage has gone up because fixed assets have increased exponentially.
Our assets are small, and the amount we make isn't much bigger.
Our assets are run to (match) the Lehman Bros. Long Liabilities Index. The new bonds will be part of the index. We will have to buy them at some point.