How difficult is to make 1 billion dollars in a day?

I knew a guy who made $1.5bn in a day, from a single deal. This is how it unfolded… He called his mergers and acquisition management consultancy, and told them “buy me Western Union for $700m dollars, but it must be concluded in 60 days”. “Sir, ac... read more

STEP 8: Use your $1 billion of new equity to borrow another $9 billion at 0.25% from the Fed. Buy another $9 billion of Treasuries. Collect another $400 million a year. read more

First let’s be very clear on what a trillion dollars actually is: it’s a million millions. It’s a thousand billion. It’s a one followed by 12 zeros. It looks like this 1,000,000,000,000. Apple is the first ever company to be valued at 1 trillion dollars, so it is possible for those of you that think it isn’t. read more