This, just posted on W$J.com, is a great story: In January 2005, someone using the name “Rahodeb” went online to a Yahoo stock-market forum and posted this opinion: No company would want to buy Wild Oats Markets Inc., a natural-foods grocer, at its price then of about $8 a share. “Would Whole Foods buy OATS?” [...]
I’ve had CNBC on all day, what with its extensive coverage of the “War on Wealth” and all. I turned up the sound when John Snow–former Secretary of Treasury, now the figurehead (but hard-working) chairman of Cerberus Capital Management–showed up on screen a little while ago. Anchor Erin Burnett asked him a few questions about [...]
President Bush is set to announce this afternoon that the federal deficit will drop to $205 billion, or about 1.5% of GDP, for the fiscal year that ends in September. This is actually a worse deficit than folks were predicting early this year (I think Iraq war spending has had something to do with that), [...]
With the first of several congressional hearings to come on private equity taxation happening today in 215 Dirksen Senate Office Building (hurry! hurry! you can still get there for some of the exciting action!), the WaPo (yesterday) and the NYT (today) both have articles on the vigorous lobbying campaign being waged by the private equity [...]
