Microsoft Yahoo Merger Bid: Microsoft faces pressure to raise its offer
With Google and AOL in the picture, Microsoft faces pressure to raise its offer before Yahoo! can seal a deal that spoils Redmond’s takeover bid
Yahoo! investor Larry Haverty has newfound respect for the man who runs the company whose shares he owns. Yahoo (YHOO) CEO [...]
Federal Aviation Administration: Robert Sturgell Strands Air Travelers With Crackdown After Criticism
Robert Sturgell, a federal agency chief unknown to most air travelers, helped strand 273,000 of them by cracking down on safety after being criticized for doing too little.
Sturgell, acting administrator of the Federal Aviation Administration, and his agency enforced an order against American Airlines [...]
Business Finance News Summary: Movie Star Tells Interesting Financing Stories
Sturgell Strands Travelers With Crackdown After Criticism
Robert Sturgell, a federal agency chief unknown to most air travelers, helped strand 273000 of them by cracking down on safety after being criticized for doing too little.
Airline investors find they’re always losing altitude Houston Chronicle
American scrubs more flights for [...]
Alan Greenspan responses to critics – We will never have a perfect model of risk
On March 17, Alan Greenspan wrote an article for the FT entitled “We will never have a perfect model of risk“, in which he argued: “We will never be able to anticipate all discontinuities in financial markets.” He concluded: “It is [...]
Alan Greenspan does not bear most of the blame: the reason behind economy
When a wave of destruction hits, everybody looks for somebody to blame. Alan Greenspan, former chairman of the US Federal Reserve, once lauded as the “maestro”, has, to his discomfort, become the scapegoat. But even though I dare to disagree with him on [...]
Washington Mutual pools $7 Billion in capital through an investment group
The nation’s largest savings and loan, Washington Mutual, said Tuesday morning that it had raised $7 billion in capital through an investment group led by private equity firm TPG. It also said that it would slash its quarterly dividend.
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Washington Mutual Press Release
Washington Mutual also said [...]
Investment firms finish deal swapping stake in Bear Stearns for JPMorgan stock, buyout approval looms
Bear Stearns’ stock swap complete – Investment firms finish deal swapping stake in Bear Stearns for JPMorgan stock; buyout approval still looms.
Bear Stearns Cos. has completed its sale of a 39.5% stake to JPMorgan Chase & Co. for about $10 per [...]
Chrysler recalling 212,347 Chrysler Sebring and Dodge Avenger passenger cars to fix electrical problem
2007-2008 Chrysler Sebring and Dodge Avenger vehicles with standard tire-pressure monitoring systems are being recalled to fix an electrical problem.
Chrysler LLC is recalling 212,347 Chrysler Sebring and Dodge Avenger passenger cars worldwide to fix an electrical problem that could lead to engine [...]
New Business Theories and Financial Views: Iflove Finance News Summary
The Press Will Be Outsourced Before Stopped
Vin Crosbie, on the challenges, financial and otherwise, that newspaper publishers are facing: “The real problem, Mr. Newspaperman, isn’t that your content isn’t online or isn’t online with multimedia. It’s your content. Specifically, it’s what you report, which stories you [...]
Iflove Finance News Conclusion: Miscilaneous Business and Financial Resources – Here you will find the latest news from Iflove including updates on upcoming events, new initiatives, product and publication launches, and more.
Washington Mutual Raises $7 Billion
By ERIC DASH 10:59 AM ET
The savings and loan said that it had raised the funds through an investment group led [...]