General Motors Plans to Exchange GM Notes for Common Stock
General Motors (GM) unveiled its new turnaround plan today, after the company’s less aggressive viability plan was shot down by the Auto Task Force in February.... Read »
Bear Stearns’ Alan Schwartz Headed to Goldman
Alan Schwartz, the M&A banker who had the misfortune of becoming Bear Stearns CEO in January 2008, two months before the 85-year-old firm collapsed, appears... Read »
The Enterprising Investor’s Guide 4-27-2009
The price-to-peak earnings multiple remains unchanged from last week at 9.7x. The rally that spanned six straight weeks came to an end with last week’s small... Read »
Invesco and Billionaire Wilbur Ross to Commit $1B in Bank Assets
Money manager Invesco Ltd (IVZ) and renowned investor Wilbur Ross announced Monday they will head a group committing $1 billion to buy toxic bank loans and securities... Read »
Governor Schwarzenegger’s Press Conference on Swine Flu
Since I was issued a press pass for the conference, on a tip, I went to Governor Schwarzenegger’s press conference on the swine flu outbreak. I was the only... Read »
North County Times ‘Deal of the Week’
Here is another ‘Deal of the Week’ from Zach Fox at the North County Times. This time they have featured a property in Murrieta, a city in southwestern... Read »
Humana (HUM) Looking Healthier
“More importantly, guidance for the full year is better than the prior guidance. That’s the important thing for them. Humana is up 8%. Very good news from them.... Read »
First Quarter 2009 Report on Residential Vacancies and Homeownership
The Census Bureau released a report today showing the national vacancy rates in the first quarter 2009 stood at 10.1% for rental housing and 2.7% for homeowner housing.... Read »
Wall Street Puts Aside Over $36 Billion to Pay its Towering Geniuses
Change we can believe in. From The NYT: Workers at the largest financial institutions are on track to earn as much money this year as they did before the financial... Read »
Geithner and His ties with the Finance Club, NYT
This front page piece published today in the NY Times talks about Treasury Secretary Geithner and the ties he forged with many of the nation’s most powerful financial... Read »






