October 28, 2008
GMAC Struggles With Financing | www.nytimes.com
Cerberus Capital Management's current issues with other holdings and issues such as Mervyns, the possible merging of GM and Chrysler, and a very difficult lending environment within GMAC reflect the firms focus towards an eventual profitable book.
OnLine Search, Current Economy Hedge...
October 24, 2008
Google defies economy to beat forecasts, shares surge | www.livemint.com
The internet and specifically search engines are where people go today for deep discounts, low costs, answers, information, and new jobs... Each and every year, the rotation (when feasible) more consumers find comfort within Internet properties.
Automotive industry competition, more not less
October 14, 2008
GM, Ford SharesHit New Lows As Sentiment Fades Further | online.wsj.com
More competition, not less is required within the automotive industry. Positive results will eventually be rewarded by a free market.
Southern California Mortgage Lending Rates Drop
September 15, 2008
Mortgage market improves with new market-leading deals | www.timesonline.co.uk
Effective immediately after the Fannie/Freddie take over, the DITECH origination service of Cerberus' GMAC Financial Services launched a television campaign to offer 5.5% interest rate mortgage loans.
The Bear Sterns Equity Strip Model
September 15, 2008
Lehman Brothers faces Korean takeover bid | www.timesonline.co.uk
Unlikely that a suitor firm will take over Lehman directly by itself without assistance, perks or partners. As you may recall Bear Stearns in a similar situation, and remember that the Feds had to lend and assist JP Morgan with the acquisition.
Food Inflation Slows But Is Here To Stay
September 12, 2008
Food Inflation is likely to continue, experts say | www.venturacountystar.com
Commodity inflation appears to have peaked for the short term but long term commodities will continue to rise creating above average food inflation.How food and restaurant companies react will be the key to future price increases.
Food Companies Results Vary Based on Brand Strength
September 9, 2008
Amid turmoil,Big G still making dough | www.startribune.com
As commodity and energy costs continue to rise it has put more pressure on the botton lines of all food companies.Food companies have had to raise prices to offset these increases.However not all food companies are losing share to private label as a result of the price increases.
Localized Real Estate Recovery
August 18, 2008
Mortgage lending falls 32% as prices slump | business.timesonline.co.uk
The prior several years have definitely been a severe downturn (stating the obvious) in the destruction of existing housing prices. Bloated inventories, overextended borrowers, lack of decent funding, macro economics, lack of faith in the valuations have all contributed to this mess. But it definately is a cycle, and cycles CHANGE.
August 12, 2008
Will Tom McKillop resign from Royal Bank of Scotland? | business.timesonline.co.uk
Yes, it is a mess - I have seen about 3 or 4 cycles such as these over the last 30-years. We have all seen this mess coming years ago. In 2004, a vast amount of mortgage originators were doing some very creative things to sell mortgages. HEOPA and high cost was in effect while these negative equity mortgages were written. But, if a measure of a trillion dollars markdown against the GDP is compared - it is not the end of the world - bad yes, stupid yes, and yes we will see this kind of thing again.
Writedown low is a floor, cycles continue...
August 8, 2008
Wall Street braced for further $11bn writedown at Citigroup | business.timesonline.co.uk
a) markets self correct b) yes all sorts of pain occurs c) the cycle continues... lows become floors and investors flood in
Switzerland sues Google over Street View privacy concerns
November 13, 2009
Here Come the Droids! A brief review of Verizon Wireless' new Droid line-up.
November 11, 2009
October 30, 2009
Vodafone Orange Iphone Deal Ends Two Years Exclusivity Of O2 In UK
October 5, 2009
IPhone Coma Mode puts Apple in the ICU
September 19, 2009