Word: furthers
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Cerberus is already slated for dilution under the terms of the government bridge loan, agreed to in December. The bridge loan gives the U.S Treasury warrants to purchase 5% to 15% of the Chrysler shares now in the hands of Cerberus. Fiat will eat further into the Cerberus stake, and...
Microsoft (MSFT) said its last quarter was bad, and looking out over the next six months, its businesses will probably deteriorate further. With sharp personnel cuts and the sale of its video game operation, the fortunes at the world's largest software company could rapidly change and the stock could...
As if the notion of a bailout for Main Street didn't have enough hurdles to overcome, Obama may also need to ask for upwards of $50 billion more for the already approved bank bailout to deal with the continuing credit crunch. Considering that nine Democrats disregarded Obama's personal...
Many political analysts are predicting that a victorious Netanyahu could widen his base by forming a coalition with opponents closer to the center of the political spectrum, rather than aligning with parties even further to the right. That option could even see him offer Barak the job of defense minister...
The Internet buff's lawyer and supporters, including many members of the opposition party, say the purported charge is erroneous because the government, led by the Grand National Party, did indeed ask for dollar buying to be reined in. They further allege that the move reflects a concerted effort by...