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  • ExxonMobil sued for cheating investors

      New York Attorney General Barbara Underwood sued ExxonMobil on Wednesday, accusing the oil company of misleading investors about the risk climate change regulations posed to the business. A complaint filed New York’s Supreme Court said ExxonMobil for years told investors it was preparing for the probability of increasingly stringent regulations on its effects on greenhouse gas emissions.…

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  • Warren Buffet reveals a secret to success in the financial markets

    Warren Buffet believes investors do not need to be brilliant to do well in the financial markets. The Oracle of Omaha made a winning 10-year bet with Protégé Partners in Dec. 2007 that the S&P 500 would outperform a basket of fund of hedge funds. But perhaps more interesting than how a simple index fund…

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