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...plucky CEO of GM, Rick Wagoner, told the press that if his company is allowed to go into Chapter 11, it will end up being a simple liquidation. GM will be torn into pieces and sold off as scrap. He made one good point to support his point of view. If a bankruptcy of the No. 1 U.S. car company drags on for several months, potential auto buyers will purchase vehicles from competitors that they view as being "safe". No one wants to buy a car that won't be serviced. Wagoner has made this point before...

Author: /time Magazine | Title: General Motors Checkmates Obama in Two Moves | 3/18/2009 | See Source »

...Antitrust lawyers in Beijing were befuddled by the Ministry of Commerce's ruling. "From a purely competitive point of view, this would not have affected the [nonalcoholic-beverage] market," says Michael Gu, a lawyer specializing in corporate finance with the Zhong Lun Law Firm. Before the ruling, a source close to the deal from the Coca-Cola side said, "There is just not a competition issue, no matter how you look at it." He called the proposed acquisition a "marriage made in heaven...

Author: /time Magazine | Title: China Says 'Keep Out' to Coca-Cola | 3/18/2009 | See Source »

Rooming: Close your eyes and repeat after me: “At least I have a river view. At least I have a river view...

Author: By Emma M. Lind | Title: The Housing Crisis: Winthrop House | 3/18/2009 | See Source »

...that everything would turn out well as the door closed. I whipped an already-beat Top-Sider at my poster-clad Pennypacker wall. After a year of scabies, long walks to Annenberg, and gazing at a parking-lot vista from my common room window, the prospect of river views and convenient access to the Square was tantalizing. The Union dormite-to-Quadling story is equivalent to a rags-to-new-rags tale. Friends who had been placed in a dumpy river House insisted I was welcome to move in with them. They jest, I thought. Inspired by the likes...

Author: By D. PATRICK Knoth, CRIMSON STAFF WRITER | Title: Suck It, Housing Lottery | 3/18/2009 | See Source »

...common rooms in every suite, Winthrop lodging is ideal for forced socialization. Plus, humans bond over trauma, and if murdering a six-inch cockroach in your bedroom isn’t trauma, I don’t know what is. Um…at least you have a river view...

Author: By Emma M. Lind | Title: The Housing Crisis: Winthrop House | 3/18/2009 | See Source »

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