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What a $25B auto loan might buyPresident Bush may be set to sign into law $25 billion in low-interest loans to help automakers and auto parts suppliers make fuel-efficient vehicles, but don't expect a rush of new hi-tech ultra-clean cars. ... |
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MLE = “Major Liquidity Event”I would have gone with MILF: Major Investor Liquidity Fuck-Up. But I suppose MILF's already taken. Anyway, The Detroit Free Press is waking-up and smelling the coffee these days, and JPMorgan (the investment bank, not the Gong Show judge) is brewing-up some sobering news. "Analysts at JPMor... |
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Putting a Merger in ReverseWhen auto parts suppliers Arvin Industries and Meritor Automotive came together as and ArvinMeritor back in 2000, the merger was heralded as “a perfect fit” by Larry Yost, chairman and chief executive of Meritor. But Mr. Yost has moved on, and current management isn’t nearly so ... |
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