Results tagged “Obama's Economic Superfriends” from Dealbreaker
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No Obama Boot For The Beard?
Aug 12, 2009, 9:47am
Posted by Equity Private
We are pretty sure his mom used to reassure him that he was a late bloomer (there was that blown spelling bee, after all), so the grins all around accompanying the news that he is widely and wildly supported by...
Cleanup In Aisle Six
May 29, 2009, 11:33am
Posted by Equity Private
Even a limp horse pulls. Everyone has a purpose. But you really wonder if there shouldn't be closer adult supervision when Austan Goolsbee speaks in (non/semi/openly) public forums. Perhaps a pair of Kissinger glasses with teleprompter HUD? You certainly wouldn't...
Presented Without Comment: No, That's Not A Joke
May 27, 2009, 5:47pm
Posted by Equity Private
Steven Rattner, head of the U.S. Treasury Department's automotive team, has a net worth of at least $188 million and held shares in an investment fund run by the majority owner of Chrysler LLC, according to his financial- disclosure statement....
Sunny Climates Attract Shady Characters
May 27, 2009, 2:31pm
Posted by Equity Private
It is an often forgotten fact that the United States is among the minority as a country that taxes citizens on their world-wide income. It is not self-evident that U.S. based corporations should pay tax on foreign income. This is...
Breaking WSJ: UAW Agrees To Slash Retiree Benefits Immediately; Treasury Insisted On Immediate Cuts.
May 26, 2009, 2:23pm
Posted by Equity Private
Day late, dollar short? The situation is fluid....
Presented Without Comment: Nature Of Bid
May 22, 2009, 1:04pm
Posted by Equity Private
It seems The Big Picture beat us to it....
Not So Fast, Sparky
May 22, 2009, 11:50am
Posted by Equity Private
It is, of course, the goal of everyone involved to shift businesses with large government stakes back into the private sector quickly. The question is, how do we define "quickly," exactly. How about almost two decades? GMAC LLC, which is...
KKR Don't Need No Stinkin' Leverage (Other Government Cheese OK)
May 22, 2009, 10:21am
Posted by Equity Private
It must be a measure of the times that a firm that regards itself with such favor would deign to even consider participating in something so base as a government recovery program, much less discuss it on the record. Or...
Presented Without Comment: Sorry, Arnie
May 21, 2009, 2:22pm
Posted by Equity Private
Treasury Secretary Timothy Geithner said the U.S.'s $700 billion financial rescue package can't be used to aid Lehman Brotherscities and states facing budget crises. The law "does not appear to us to provide a viable way of responding to the...
Splat!
May 20, 2009, 2:50pm
Posted by Equity Private
Nothing is fucked people. Nothing. Nothing at all. Green shoots are made thick oak. Cats have filed for voluntary separations from dogs and are no longer living together. Britney will retire from creating... anything. Including children. The Flu is cured....
Imaginationland
May 11, 2009, 10:34am
Posted by Equity Private
Optimism in the face of facts seems to be the theme this week, and it's only Monday. Don't shed any tears. Growth is just around the corner. Right after our massive deficit becomes a bit more massive and the tens...
We Are As Dumb As We Look
May 11, 2009, 10:03am
Posted by Equity Private
Yes, they were eye-wateringly high, but you didn't really believe the initial budget deficit estimates that came out of the White House, did you? I mean, you knew they were a crock of reptile dung when first their stench wafted...
On Again Off Again
Apr 30, 2009, 4:46pm
Posted by Equity Private
With all the talk of buying American lately, and with Obama taking the opportunity with the cameras to give Chrysler a bit of free endorsement work (Chrysler, we hope you file that on your taxes)... So these are some of...
The Unpopular Kids
Apr 30, 2009, 1:28pm
Posted by Equity Private
Meet the evil villains that won't let Chrysler just escape its obligations to pay its creditors: As of last night's deadline, we were part of a group of approximately 20 relatively small organizations; we represent many of the country's teachers...
Embrace The Chaos!
Apr 30, 2009, 9:23am
Posted by Equity Private
If anyone harbored any illusions with respect to the crushing complexity involved in trying to restructure a firm before during or after bankruptcy, the last several hours should clear that question up nicely: 8:52 am EDT 9:16 am EDT 9:41...
Totally Confident
Apr 27, 2009, 10:12am
Posted by Equity Private
From the "lost in the weekend noise" file: The President has 100% confidence in Secretary Geithner Mr. Rattner Chairman Bernanke. Emanuel Says Obama Has '100% Confidence' in Fed Chief Bernanke [Bloomberg]...
Lullaby And Goodnight
Apr 23, 2009, 3:22pm
Posted by Equity Private
Lullaby and goodnight Those blue eyes close tight Bright angels are near So sleep without fear They will guard thee from harm With fair dreamland's sweet charm They will guard thee from harm With fair dreamland's sweet charm HT:...
White House On Chooch: Thumbs Up!
Apr 17, 2009, 3:24pm
Posted by Equity Private
CNBC is reporting that the President's men have "full confidence" in the personage (and presumably the taste) of Mr. Rattner, who's cinematic production genius has graced the world with Chooch. A more ringing endorsement of the film we have not...
"Nobody Leaves The KGB"
Apr 17, 2009, 10:20am
Posted by Equity Private
"So thank you for the loan, we'll just pay this back now and do away with these compensation requirements..." Cindy had brought a copy of the regulations to ceremonially tear up for the occasion. Thin smiles began to emerge, a...
My Super Sweet Stress Test
Apr 15, 2009, 4:57pm
Posted by Equity Private
This bloody "stress test" fiasco has mutated into the car presentation scene in every "My Super Sweet Sixteen" ever filmed. In fact, about everything the administration does looks MTV to us lately. First the car (stress test) is discussed. "The...
