Top Stock Picks of Six Billionaire Investors

By the time the world’s smartest investors tell the SEC what stocks they hold, most of the gains they were after are already priced in. But a few of the companies Warren Buffett, George Soros, and their billionaire buddies have…

The (Unlikely) Economics of Your Book Becoming a Movie

Previously for DailyFinance, Catherine Ryan Hyde described how novelists (theoretically) profit from their books. Here, the author of Pay It Forward, which was adapted to film, explains what happens to authors when their books …

Moody’s: U.S. Aaa Rating Not Under Pressure in 2010 or 2011

The U.S. Aaa credit rating won’t be under pressure from budget deficits in 2010 or 2011, Moody’s Investors Service (MOD) said.

The White House budget office projects that the federal deficit will top $1.5 trillion this year.

“Certainly over time, a…

Foreclosure Chaos Could Hurt Banks, Housing Market

Flawed foreclosure paperwork could inflict huge losses on the nation’s top banks and spread chaos through the housing market, according to a congressional report.

Accusations that major mortgage lenders including Bank of America Corp. (BAC), used fla…