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Daily Archives: February 14, 2009

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The US Won’t Let GM (GM) Go Bankrupt

Posted: February 14, 2009 at 4:10 pm

General Motors (GM) will not file Chapter 11. The government cannot afford to see a large portion of the job creation benefits of the stimulus package destroyed by having the ...
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Carl Icahn Holdings Show No Immunity To Market (IEP, BIIB, AMLN, MOT, YHOO, WMB, APC, TWX, TWC, AMD, TELK, QRCP, LEA, TIN, JCP)

Posted: February 14, 2009 at 2:16 pm

Billionaire and activist investor Carl Icahn has made some  large changes to his portfolio holdings.  He and Icahn Capital, L.P. have not been immune to the market sell-off as you ...
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Can Wall St. Dodge Government Pay Limits?

Posted: February 14, 2009 at 12:34 pm

Now that the government has set a number of caps on Wall St. pay packages, the question is whether the financial firms can get around some of the rules. Certainly not. Congress has ...
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Morgan Stanley (MS) And Citigroup (C) To Pay $3 Billion To Brokers? Not If Treasury Says “No”

Posted: February 14, 2009 at 8:24 am

Wall St. keeps coming up with new ways to waste money and upset Congress, the Administration, and the public. Part of the argument made by large financial firms for paying ...
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