April 2009
Chrysler LLC Lenders Plan Debt Offer
Chrysler LLC’s lenders are planning to make a counteroffer this week to the U.S. Treasury, which originally asked creditors owed about $6.9 billion to accept $1 billion to keep the auto maker from liquidating. Late Sunday night, the lenders recei...
Carl Icahn Submits His Biogen Plan with SEC filings
Carl Icahn nominated four members for Biogen’s board and proposed expanding its size to 13. Biogen’s board size is currently set a 12. Icahn also proposed moving the company’s incorporation from Delaware to North Dakota, which recentl...
Chevron Corporation Expects 1Q Profit To Be 'Sharply Lower'
Chevron Corporation (NYSE:CVX) reported in its interim update that earnings for the first quarter 2009 are expected to be sharply lower than in the fourth quarter 2008. Upstream earnings are expected to decline substantially, in part due to lower price...
Private Sector Partners That Are Keeping America Informed!
The U. S. Government Printing Office (GPO) has released its annual report for 2008 and in it are a host of highlighted accomplishments. In many ways, the GPO does demonstrate how government work should be effectively centralized. While the report cov...
March 2009
What is U.S. Treasury mortgage modification program?
The deep contraction in the economy and in the housing market has created devastating consequences for homeowners and communities throughout the country. Millions of responsible families who make their monthly payments and fulfill their obligations hav...
February 2009
MBIA launches public finance company
MBIA Inc. today announced that it has established a new U.S. public finance financial guarantee insurance company within the MBIA Inc. group by restructuring (the “Transformation”) its principal insurance subsidiary, MBIA Insurance Corporation (“...
November 2008
US Bancorp to Get $6.6B Federal Investment and Visa payWave
U.S. Bancorp said Monday it will get $6.6 billion from the Treasury Department’s program to invest $250 billion in banks to stimulate the economy and stabilize financial institutions. TCF Financial Corp. said it will get $361 million. Minneapol...
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