Posted by admin on May 9th, 2008
Ford Motor Co. said Friday it first learned that billionaire Kirk Kerkorian was interested in investing in the automaker in early April but was “completely unaware” that he had begun buying shares until later in the month.
Investment Guide In a government filing, Tracinda Corp. outlined an April 4 meeting between Ford Chief Executive Officer Alan [...]
Posted by admin on May 9th, 2008
WILMINGTON, Del.–Ford Motor Co. welcomes the significant investment by billionaire Kirk Kerkorian, company executives said Thursday, telling shareholders it underscores the strength of their turnaround plan.
Ford executives said their work to return the No. 2 U.S.-based car company to profitability by 2009 was taking hold and the recent acquisition of 4.7 per cent of the [...]
Posted by admin on March 14th, 2008
NEW YORK (CNNMoney.com) — Some of you think that I and other financial reporters have been full of too much doom and gloom. If we just, like Anna in The King and I, just whistled a happy tune, there would be no recession. I don’t believe that for one minute. Nor should you. But it [...]
Posted by admin on February 23rd, 2008
As hardball Hollywood lawyers go, Terry N. Christensen ranks in the top tier.
For 35 years, the former Marine Corps prosecutor has served as billionaire Kirk Kerkorian’s legal muscle in contentious deals involving studios, casinos, airlines and the nation’s biggest automakers. According to court records, Christensen once told Kerkorian’s former wife that his client would “bury” [...]
Posted by admin on January 17th, 2008
Dimons Turnaround, MGMs Wrong-Way Bid, LSEs Retreat: Timshel
Commentary by David Wilson
Jan. 17 (Bloomberg) — Jamie Dimon is approaching the 10th
anniversary of his ouster from Citigroup Inc., the largest U.S.
bank by assets. Theres a new reason for shareholders to regret
his [...]
