Once again the government has had to open up its check book to sort out a private sector problem, citing systemic risks to the global financial system. The GSEs may have been more obvious candidates than Bear Stearns, given their assets had carried an implied seal of sovereign support - support that it is now […]
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Updated from 11:35 a.m. EDT Financial shares (naturally) led a stock market retreat Thursday morning with Lehman Brothers, Washington Mutual and Merrill Lynch pacing the decline.Lehman shares were coming under re
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It’s fast, it’s mean, and it’s sexy.
With a base price of nearly $90,000, it happens to be the priciest model in Chrysler’s otherwise quotidian product line-up.
Now it’s up for auction.
At a time when General Motors is trying to sell the Hummer SUV line – and not getting very far – it must take courage to put something on the block.
But unlike […]
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Think business news is dull? Think government work is boring?Then check out today’s salacious stories about the Denver office of the Minerals Management Service: Employees “frequently consumed alcohol at industry functions, had use
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The Lehman Brothers Back-To-School conference isn’t really about selling to kids, so maybe it wasn’t the worst thing to happen to UST, the tobacco company that owns Joe Camel, when CEO Murray Kessler (pictured left) lit out of the conference to try to close a deal with suitor Altria. The New York Times says the […]
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Coke pulled off the single largest takeover in Chinese history overnight, offering to buy juice maker Huiyuan for three times what the company was worth. Braving a notoriously difficult foreign M&A environment, where the state dominates the corporate sector and pumps out reams of regulatory red tape and where nationalistic pride often triggers protests when […]
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Before heading to Korea, many people told me I’d be amazed by the quality and ubiquity of the technology I’d find. As you’ll see in the accompanying video, Seoul more-than lived up to the hype.From the biggest cities to the smallest hamlets, Korean societ
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Once again the government has had to open up its check book to sort out a private sector problem, citing systemic risks to the global financial system. The GSEs may have been more obvious candidates than Bear Stearns, given their assets had carried an implied seal of sovereign support - support that it is now […]
Posted on September 11th, 2008 by
Filed under: options news, stock news | No Comments »
