From All Things Digital, Sept. 2, 2008:Google has introduced a new Web browser, called Chrome, aimed at wresting dominance of the browser market from Microsoft’s Internet Explorer. The move takes the Google-Microsoft rivalry to a whole new level. If
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Richard Bove is really hammering home a point about Lehman Brothers: The investment bank has big problems that it better deal with it soon.
The Ladenburg Thalmann analyst put out a new research note — the second such note in a week –saying Lehman’s management will have to address its issues rather than just “toughing it […]
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From Silicon Alley Insider, Sept. 2, 2008:Back in the days when Microsoft was an unabashed monopoly, the
company’s strategy was “link and lever” — as in link new products to the
Windows operating system and lever them into a dominant market
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After the pummeling U.S. banks have been taking from the credit crunch, you’d think British bankers would try to learn from the mistakes of their U.S. counterparts. Not so, writes the New York Times’ DealBook. A majority claim they have made no changes to their strategy, according to a survey to come out next week. […]
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Stocks began September with an upside flourish thanks to tumbling oil prices and renewed deal talk for Lehman Brothers.In recent trading, the Dow was up 1.9%, the S&P higher by 1.4%, and the Nasdaq was up 1.9%. …
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Fannie Mae’s executive shake-up seemed to help build a floor under the tumbling mortgage finance company, with debate still raging about whether the Treasury will take it over. Bloomberg’s report yesterday that Pimco, the manager of the world’s biggest bond fund, was building funds to buy as much as $5 billion in mortgage-backed debt is […]
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As bullish as he is on the U.S. stock market (click here for details), Formula Capital’s James Altucher is even more effusive about prospects for Chinese stocks: “I have never seen a market this cheap in an economy growing 8-10% a year,” says th
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The federal government should ditch the hybrid structure of mortgage giants Fannie Mae and Freddie Mac and fully back them with taxpayer funds, said New Jersey governor Jon Corzine, former CEO of Goldman Sachs.
“I don’t think we can continue with the schizophrenic view that we have today, sort of part public company, part private company, […]
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