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Daily Archives: May 9, 2008

China’s New Sovereign Funds Reveling In Mayhem

There is nothing like having cash when no one else does. The few large sovereign funds have big bags of money and have used them to pick up assets in ...
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Titan AIG (AIG) Brought To Its Knees

Hank Greenberg, former chief of AIG (AIG), still walks the avenues of Wall St. at night, plotting how to get his old job back. He has been in a series ...
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Boeing (BA): Pole Axed By Its Own People

The Boeing (BA) Dreamliner has been delayed so many times that it defies counting. The plane was to have been out already and delivered to some customers. It has been ...
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Media Digest 5/9/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, AIG (AIG) lost $7.8  billion in the last quarter and will have to raise money.Reuters reports that Google says it will have revenue enhancing products for YouTube ...
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Asia Markets 5/9/2008 (SNE)(TM)(SNP)(CHL)

Markets in Asia were mostly lower.The Nikkei fell 2.1% to 13,655. Sony (SNE) fell 3.1% to 4620. Toyota (TM) fell Toyota (TM) rose 1.3% to 2305.The Hang Seng fell 1.7% ...
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