Obama Campaign Attacks Romney’s PE Resume

PE Hub’s Dan Primack writes:
Mitt Romney is probably just days away from being named John McCain’s running mate, and the Democrats are already taking shots based on his time running Bain Capital. During a press conference earlier today in Denver, Obama campaign manager David Plouffe referred to the former buyout kingpin as a “job killing […]

Obama ‘Courting Disaster’ with Tax-Hike Plan, Economist Says

Barack Obama defied the odds (and the Clintons) and made history to become the Democratic party’s nominee for president. As the Democratic Convention

Temasek’s strong stomach

Singapore wealth fund Temasek may have gotten hold of some bad stuff this year when it bought a 9 percent stake in Merrill Lynch. The stock has lost more than half its value since the purchase was announced in late December. But far from swearing off noxious bank assets, the flush Asian fund says it […]

President Meg Whitman: Is Ex-eBay CEO a Good Choice as McCain VP?

From Silicon Alley Insider, Aug. 28, 2008: Scuttlebutt in Denver is that John McCain has picked ex-eBay CEO Meg Whitman as his running mate. If true, is this a good choice?
After some thought, we actually think it is.
That wasn’t our first reaction. …

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Lufthie eyes another stake…

Lufthansa has said it is interested in acquiring a stake in Austrian Airlines. Austrian state holding company OeIAG has invited bidders for its 43-percent stake in the carrier, worth about $223 million.
It’s a small deal, but it’s a big deal.
If Austrian’s board picks Lufthansa, the German carrier will own nearly half of Austria’s main carrier. And that […]

Has Warren Buffett Lost His Magic Touch?

Warren Buffett is justifiably lionized by investors and mainly fawned over by the press. But beneath the fanfare, some critics say the “Oracle of Omaha” has lost his magic touch, and point to the recent

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Not for sale, honest

After a New York Post article reported that Hollywood studio MGM had retained investment bank Goldman Sachs to look into a possible sale or capital raising, the studio issued a statement that it was not for sale. MGM, however, may look at “enhancements” to its long-term capital structure.
Private equity sales to strategic buyers have […]

Temasek’s strong stomach

Singapore wealth fund Temasek may have gotten hold of some bad stuff this year when it bought a 9 percent stake in Merrill Lynch. The stock has lost more than half its value since the purchase was announced in late December. But far from swearing off noxious bank assets, the flush Asian fund says it […]

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