Fortune recently quoted investor Peter Thiel saying the financial bail out showed a clear societal prioritization of finance over technology and innovation. After all, there was no dot com bail out eight years ago. …
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Two would-be suitors — Bristol-Myers and Walgreen — walked away from attractive targets this and avoided potentially costly bidding wars at a time of difficult deal financing and daily hits to the financial markets.
Although Bristol-Myers and Walgreen walked away from their respective deals for different reasons, the decision to bow out marks a sign of […]
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From All Things Digital, Oct. 8, 2008: If Microsoft won’t take another bite at Yahoo at these amazingly low prices, BoomTown is now thinking of making my own bid for the troubled Internet company.Shares of the much-pummeled Yahoo dropped once again today&
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In last night’s debate, Barack Obama said Clean Tech could be as big of a growth engine as computers were during the past few decades. So what’s government’s appropriate role in making that happen? Should it invest in one big project, fund many little one
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Other than John McCain’s proposal to buy bad mortgages, last night’s presidential debate contained scant few new ideas for dealing with the worsening crisis in housing and the financial markets.Both candidates need to start moving beyond their stump speec
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The Wall Street Journal reports National City is in talks with a number of banks about a possible sale. It says Pennsylvania’s PNC Financial Services and Toronto-based Bank of Nova Scotia are among the potential bidders. In late September, NatCity said it had no need or plan to raise capital. A lot has changed since […]
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This morning’s globally coordianated rate cut may have temporarily boosted the stock markets (
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The dramatic meltdown of the financial markets has shifted focus from the real economy, which our guest, RGE Monitor chairman Nouriel Roubini, says is where the downturn is truly being felt. The $700 billion bailout and today’s global rate cuts may have h
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