Tuesday, February 3, 2009

Late Tuesday Headlines

  • Good summary of Obama's first two weeks in office (New Editor)
  • Live Nation and Ticketmaster merging (NY Post)
  • Kyrgyzstan to force closure of airbase critical to US Afghanistan presence (NYT)
  • UBS tried to sell Paine Webber as recently as few weeks ago (Bloomberg)
  • TPG will not sell stake to Kuwait and Cali pension funds due to low valuation (FT)
  • Wells Fargo cancels Las Vegas boondoggle after media outcry (Bloomberg)
  • Angry Woolworths' creditors demand investigation into company collapse (Guardian)
  • Buffett cancels traditional pre-investor meeting dinner over row with Snowball author (NYT)
And in other news, following in the footsteps of today's Indalex bankruptcy filing, TPG's Aleris International is preparing for a restructuring according to secured lenders. Looks like the manic market will not benefit the bankruptcy Death Watch. Sphere: Related Content
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