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Quote, Unquote: Biased Credit Rating Agencies?

Fri Nov 20th, 2009

Justin Rohrlich

“We believe that the credit rating agencies, in exchange for fees, departed from their objective, neutral role as arbiters. At minimum, they were aiding and abetting misconduct by issuers.&rdqu

Rags to Riches CEOs: Frank Stronach

Wed Nov 18th, 2009

Scott Reeves

Frank Stronach, chairman and founder of Magna International (MGA), launched his empire by making 300,000 sun visor brackets for General Motors. The rest, as they say, is history.Nine years after the

A Fiat Inside of a Chrysler? Good Luck.

Tue Nov 10th, 2009

Scott Reeves

Americans love Prada, Gucci, and stylish Italian suits, but will they trust Italian engineering and buy a Chrysler with a Fiat engine?The Detroit Free Press reported Tuesday that Chrysler is betting

Happy Days Again -- For Blackstone, Anyway

Fri Nov 6th, 2009

Scott Reeves

A strong IPO market is good news for private equity, and the new issues market will remain strong into next year, the president and chief operating officer of Blackstone Group (BX) believes.“We

Are Google and Facebook Destined to Clash?

Tue Oct 27th, 2009

Michael Comeau

Is Facebook taking over the planet? Web-analytics firm Alexa ranks Facebook as the second-most popular Internet property in the world behind Google (GOOG), while Compete puts it at number three.Googl

Sex, Drugs, and the Rocky Economy: Pornography

Thu Oct 22nd, 2009

Mike Schuster

Ever since cave paintings presented a rudimentary depiction of the male and female form, pornography has had its place in the history of human existence. From Victorian lithographs and Tijuana Bibles

The Coming Boom in Oil Recovery

Mon Oct 19th, 2009

Jim Letourneau

The peak oil theory is simple on the surface: Over the long haul, oil supplies will diminish. Production rates will reach a peak and then decline. However, the simple Hubbert Curve doesn't account fo

MV Weather Report: Dow Erupts, Shoots Past 10,000

Wed Oct 14th, 2009

Matt Theal

Bust out the champagne, the DJIA hit 10,000! (At least, that’s what the financial media wants you to do.)The market shot up today on positive earnings news from Intel (INTC) and JPMorgan (JPM).

Hummer Turns Chinese

Wed Oct 14th, 2009

Jeff Macke

Greetings from New York, where I drive the first Chinese car brand in America. Yes sir, for the first time I’m actually ashamed of my semi-ironic SUV purchase. In fantastic bury- the- news fash

As Seen On TV: Stark Industries / Lockheed

Wed Oct 14th, 2009

Cory Bortnicker

Unemployed and sick of applying for a real job? Well, you’re in luck. Stark Industries is hiring! The advanced weapon and defense company is valued at around $20 billion and, in a world constan
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