Today’s Best Market Rumors (4/15/2010)
Updated throughout the day. The Carlyle Group is trying to sell United Components and hired Goldman Sachs to help find a buyer for the auto-parts firm. (Bloomberg) Prosecutors may be looking into whether a Goldman Sachs Group Inc. (NYSE: GS) board…
The Carlyle Group is trying to sell United Components and hired Goldman Sachs to help find a buyer for the auto-parts firm. (Bloomberg)
Prosecutors may be looking into whether a Goldman Sachs Group Inc. (NYSE: GS) board member, Rajat Gupta, gave inside information to Galleon founder Raj Rajaratnam (WSJ)
UAL Corp (NASDAQ: USUA) and US Airways Group, Inc, (NYSE: LCC) may give up some routes to close their merger. (Bloomberg)
Greece may not go ahead with a bond issue which would trigger a bailout package from other euro zone countries and perhaps the IMF (WSJ).
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Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.
McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.
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A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.
TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.
McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.