NRG’s waiting game

A week and a half has passed since Exelon Corp made its unsolicited bid for NRG Energy Inc. But NRG still kept mum on the offer in both its third-quarter earnings pres release and its conference call with investers on Thursday morning.
“Our board is continuing to review the proposal,” Nahla Azmy, NRG’s director of investor relations […]

Tilson’s Value Picks Part 1: ‘Sleep Well’ Blue Chips

Can’t handle the market volatility? Worries about your portfolio keeping you up at night? You’ve come to the right place.Whitney Tilson, managing partner of hedge fund T2 Partners and noted value investor, says investors have

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Schwarzman’s birthday party - any regrets?

Any regrets about the now-infamous birthday party, Steve?
That was the question asked by Fortune Magazine’s Andy Serwer at an intimate breakfast gathering at posh New York restaurant Per Se.
For those that have forgotten, Schwarzman’s 60th birthday party on Valentine’s Day in 2007, to which hundreds of guests were invited, featured British rocker Rod Stewart, comedian Martin Short, singer Patti […]

A Bottom That’s Good for Stock Pickers, Bad for Index Funds

Stocks were rallying again early Thursday and recent action is again encouraging talk of a “bottom” following the market’s recent rout.

Very, very frightening

If Frankenstein isn’t scary enough for you, the enterprising folks at benandhank.com have Hank Paulson and Ben Bernanke masks ready just in time for Halloween!
That’s right — for the low, low price of $79.90 and you can get a latex mask of “Evil Hank” and “Evil Ben“. If you’re looking for a Halloween costume, though, move fast — […]

John Doerr: Top Ten Ways Not to Lose Your Shirt

From Silicon Alley Insider, Oct. 30, 2008:The best VC in history provides the definitive guide on how not to fly your company into a mountain (video from Kara Swisher at

The 800lb albatross in the room

The logic behind Delta’s purchase of Northwest was based on the price of oil staying above $100 a barrel. This is what the parties sold to unions, shareholders, creditors and politicians when making the case for the deal; the airline industry was going to have to overhaul everything about its business to manage costs.
New high-efficiency […]

The Government Could Make $1 Trillion from the Bailout: Kessler

This one is sure to start a debate in our chatrooms: Henry Paulson’s $700 billion bailout wasn’t just the right thing to do, it could be one of the best investments of all time. That idea sure grabbed attention when our own TechTicker contributor Andy Kes

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