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...Conway, a turnaround expert with the firm Conway and McKenzie in Birmingham, Mich., says Ford's $26 billion debt could still prove troublesome, and hefty interest payments will cut into the company's ongoing profitability. But one antidote to heavy debt is a healthy stock price, which Ford increasingly enjoys. The stock is up from about a buck last November to a recent price of $7.30 per share, and in May, Ford was able to raise $1.6 billion through a common-stock offering of 345 million shares. GM, by contrast, is hoping to do an IPO next year. (Read "Despite...

Author: /time Magazine | Title: For Ford, Going It Alone Looks Like a Good Strategy | 9/15/2009 | See Source »

Concerned for his health, a FlyBy correspondent noted that somebody had reportedly fainted at a Bain information session the previous week. The Expert wrote it off to the standing-room only situation facing the crowds. "People actually wanted to work for Bain," he said jadedly. "People wanted to work for Blackstone like two years ago."  Word on the presentation after the jump...

Author: By Christian B. Flow and Joshua J. Kearney | Title: CRIMSON CAREERS: The Blackstone Group — 'Nowhere To Hide' | 9/14/2009 | See Source »

...this time we had been in the room for over a half hour, leaning against the wall. The powerpoint, while detailed, was nearly incomprehensible, and things were showng no signs of speeding up. Even our Expert was having trouble staying focused."Nobody ever does presentations like this," he told us, looking at the mass of text on the projector screen. "It's because they actually do stuff, but good God this is horrible...

Author: By Christian B. Flow and Joshua J. Kearney | Title: CRIMSON CAREERS: The Blackstone Group — 'Nowhere To Hide' | 9/14/2009 | See Source »

Almost an hour deep, a powerful indictment from the Expert: "This is a Death March. This is horrible...

Author: By Christian B. Flow and Joshua J. Kearney | Title: CRIMSON CAREERS: The Blackstone Group — 'Nowhere To Hide' | 9/14/2009 | See Source »

...coerced into taking back the missiles and covering the situation up or the missiles were forcibly removed, they would not be reported in the inventory following the ship’s recovery. Furthermore, the first whistleblower on the ship’s secret cargo, Mikhail Voitenko, a maritime expert and editor of the Russian maritime journal “Sovfracht,” has been fired and induced to flee to Istanbul after various threats. Voitenko’s forced exile only adds weight to his claim...

Author: By Alexander R. Konrad | Title: Eyeing Israeli Intervention | 9/14/2009 | See Source »

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