Monthly Archives: March 2009
Cerberus gives up Chrysler stake
Keeps the finance division: Chrysler’s owner, Cerberus Capital Management, will give up its 80% equity stake in the carmaker. Still the worst PE firm in America.
Filed under Stupid Private Equity
Cerberus gives up Chrysler stake
Keeps the finance division: Chrysler’s owner, Cerberus Capital Management, will give up its 80% equity stake in the carmaker. Still the worst PE firm in America.
Filed under Cerberus Capital, Stupid Private Equity
US Economy may have hit a bottom
Going by magazine contrarian view: BusinessWeek: U.S. Economy Has Yet to Hit Bottom
Filed under Crumbling economy, Dead trees, Market
US Economy may have hit a bottom
Going by magazine contrarian view: BusinessWeek: U.S. Economy Has Yet to Hit Bottom
Filed under Crumbling economy, Dead trees, Market
Unemployment numbers are bullshit
BW: The latest Labor Dept. job-loss figures came out Friday, Mar. 27, and they were predictably grim: Seven states now have unemployment rates of 10% or higher. And next Friday, Apr. 3, economists expect the federal government to report that … Continue reading
Filed under Unemployment
Unemployment numbers are bullshit
BW: The latest Labor Dept. job-loss figures came out Friday, Mar. 27, and they were predictably grim: Seven states now have unemployment rates of 10% or higher. And next Friday, Apr. 3, economists expect the federal government to report that … Continue reading
Filed under Unemployment
Contracts are negotiable, Andrew Ross Sorkin
Your own paper says so: The depth of the recession and the use of taxpayer dollars to bail out companies have made it politically acceptable for overseers to tinker with employment agreements. So federal and local governments are looking for … Continue reading
Contracts are negotiable, Andrew Ross Sorkin
Your own paper says so: The depth of the recession and the use of taxpayer dollars to bail out companies have made it politically acceptable for overseers to tinker with employment agreements. So federal and local governments are looking for … Continue reading
Housing continues to slide
Meanwhile, Evan Bayh and other buffons are twiddling their thumbs and acquising to bank lobby demands. How corrupt: Case Shiller Index Falls 19% BTW, Larry Kudlow claimed that housing prices had bottomed in 2005. Where’s Lawrence Yun and his shiny … Continue reading
Filed under Housing debacle, Housing industry
Housing continues to slide
Meanwhile, Evan Bayh and other buffons are twiddling their thumbs and acquising to bank lobby demands. How corrupt: Case Shiller Index Falls 19% BTW, Larry Kudlow claimed that housing prices had bottomed in 2005. Where’s Lawrence Yun and his shiny … Continue reading
Filed under Housing debacle, Housing industry
