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GLG News by Fleet Management Experts

October 15, 2008
Horrendous Precedent
Analysis of: Court: Relatives Who Assist In Suicide Can Inherit (www.lexisone.com)
The ruling allowing relatives who assist in suicide to inherit is terrible precedent, basically permitting financial recovery for those who break state laws such as those which ban assisted suicide. Precedent rulings such as the Wisconsin case are like small rocks thrown into a pond; they tend...
Mark Mariotti, CEO
Mark Mariotti, CEO
Future Management Holdings Inc
Analysis of: 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.
Analysis of: Krispy Kreme hopes ice cream heats up sales (www.msnbc.msn.com)
The namesake product is out of synch with consumer trends Soft Serve Ice Cream adds a daypart, not a full profit center Quality as criteria in site selecton and Distribution key to success
Analysis of: An Admirable Response to the Crisis (maxkapital.wordpress.com)
While I agree with the premise that the monetary response by the federal government has been correct by attempting to stimulate investment using the Federal Reserve. However, the author argues that "risk perception is being addressed through tacking solvency issues through the tentitive plan to acquire...
Analysis of: PM USA v. Pharmacy Smokeout (www.cspnet.com)
Legislation Restricts Drug Stores Unfairly Legislation Doesn't Make It Harder to find Cigarettes, just more Inconvenient  Smokers will easily adapt to Law; no consumption reduction
Douglas Hall, Proprietor
Douglas Hall, Proprietor
RTF, LLC
Analysis of: Major GM Dealer Bill Heard Goes Out of Business (online.wsj.com)
As single brand dealership stores fail so does the OEM brand image. You can spin it anyway you like; Independent Dealer, poor management, bad financial risk but at the end of the day perception is reality.
James Butler, C.F.A, Ph.D., President
Rigley Financial Corporation
Analysis of: Will the Levee Break? An Ocean of Bad Debt Rises despite Fed Rescues (knowledge.wharton.upenn.edu)
The recently proposed bailout was an inevitable solution to a ever-growing problem. The $800B will be the most costly endevour by the U.S. government since The New Deal proposal from the Great Depression. The key to the issue at-hand is two fold: first, the stabilization of the real estate prices....
Mark Mariotti, CEO
Mark Mariotti, CEO
Future Management Holdings Inc
Analysis of: 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.
Mark Mariotti, CEO
Mark Mariotti, CEO
Future Management Holdings Inc
Analysis of: 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.
Mark Mariotti, CEO
Mark Mariotti, CEO
Future Management Holdings Inc
Analysis of: 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...

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