Wednesday, February 4, 2009

Early Feb 4 Headlines

  • Alleged Saks acquisition candidate Baugur files for bankruptcy (Bloomberg)
  • Toxic asset guarantees have won over bad bank: Senate to take easy yet ineffective way out as usual (Bloomberg)
  • Financial triage means taxpayers about to double down their unwilling stakes (Washington Post)
  • Meredith Whitney sees DMV agents pitching M&A deals soon (Bloomberg)
  • Time Warner reports $16 billion loss (FT)
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