Archive for May, 2009

A famous conservative explains the current financial crisis

Sunday, May 31st, 2009

Jonathan Rauch has a review of what appears to be one of the early classics dealing with the global economic crisis: ‘A Failure of Capitalism - The Crisis of ’08 and the Descent Into Depression,’ by Richard A. Posner This book is not socialist screed decrying capitalism, Richard Posner is “one of America’s …

GM to file for Chapter 11 protection

Sunday, May 31st, 2009

A majority of General Motors bondholders have agreed to a debt-for-equity exchange, a source familiar with the voting said on Sunday, helping pave the way for a bankruptcy filing expected on Monday

GM bondholders in debt-for-equity swap

Sunday, May 31st, 2009

A majority of General Motors bondholders have agreed to a debt-for-equity exchange, a source familiar with the voting said on Sunday, helping pave the way for a bankruptcy filing expected on Monday.

General Motors on the brink - CNNMoney.com

Sunday, May 31st, 2009


BBC News

General Motors on the brink
CNNMoney.com
Storied automaker suffering huge losses and plummeting market share expected to announce bankruptcy. President Obama set to address nation Monday.
General Motors news Detroit Free Press
Majority of GM Bondholders Back Debt-for-Equity Deal Wall Street Journal
Reuters - guardian.co.uk - The Associated Press - FOXBusiness
all 9,536 news articles

Safe investments

Sunday, May 31st, 2009

Anykeen posted a photo:

Safe investments

They should do it safe to avoid crisis

Courier Software Can Increase Sales Leads

Sunday, May 31st, 2009

There is a surprising edge to be gained by implementing the correct courier software into the practice of a courier business

Obama ‘helped’ Opel rescue deal

Saturday, May 30th, 2009

The German chancellor says President Obama helped swing a deal to save carmaker Opel from GM’s imminent bankruptcy.