GLG News by Online Payment Experts

Ford is expected to move 124,000 units in October 2008

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.

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.

As long as the de novo movement continues, there will be new core sales.  Last year, 39% of new core sales were to de novo banks. In my opinion, there are 1,280 FIs that are ripe for a better core system and the only way they’ll get it is if vendors commission Buffett/Gates sales types to make...

More competition, not less is required within the automotive industry. Positive results will eventually be rewarded by a free market.

Rumors had been swirling over the last few weeks that WAMU was shopping for a buyer, however, the OTS (the Office of Thrift Supervision) couldn't allow WAMU to continue its operations under constraints of deposit outflows exceeding $16 billion in the last week or so and JP Morgan Chase becomes the benefactor...

I agree with Paul's analysis and associated conclusions.  I would also add that when Google reaches the level of reliability attained by other SaaS like suppliers (SalesForce.com, etc.) then their gmail offering will become acceptable to the enterprise businesses. 

Google's Android starts with one big disadvantage -- time -- and one big advantage -- brand name.  But they are competing against another huge brand in Apple who also controlled the hardware and software.  Though this is directly in line with their strategy, they are leaving part of the OS...

Microsoft's recent announcements in the virtualization arena prove that they are serious about their role in competing with VMware & Citrix: 1) Their new management tool for migrating Virtual Apps from one physical device to another (like VMware's VMotion) show that they continue to make progress...

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.