Posted on February 16, 2009 at 1:35 PM
Filed under: Corporate Strategy | Deal International | Detroit Breakdown | Divesting and Restructuring | Election 2008 | Joint Ventures and Alliances | People
Tagged: Chapter 11 , Chrysler , Fiat SpA , General Motors , Lawrence Summers , President Obama , Rick Wagoner , Ron Bloom , Timothy Geithner

General Motors Corp. CEO Rick Wagoner, once resolutely opposed to a GM bankruptcy, is now considering that very option, according to a Wall Street Journal report. On Tuesday in Washington, GM and Chrysler will present the Treasury with an update on their progress thus far and restructuring options as they...  Continue reading

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Posted on February 6, 2009 at 12:06 PM
Filed under: Corporate Strategy | Detroit Breakdown | Divesting and Restructuring | Election 2008 | Joint Ventures and Alliances
Tagged: Barack Obama , car czar , chrysler , general motors

President Barack Obama has delayed in selecting a "car czar" to oversee the restructuring of bailed out automakers General Motors Corp. and Chrysler LLC. And now five U.S. Senate Democrats are asking Obama to appoint a group of advisers instead of a single person to oversee the restructuring. Of course,...  Continue reading

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Posted on January 26, 2009 at 3:18 PM
Filed under: Careers | Corporate Strategy | Divesting and Restructuring | Election 2008 | Movers & Shakers | Trends
Tagged: Caterpillar , Jim Owens , job cuts , Mike DeWitt , Obama infrastructure plan , President Barack Obama

It was only six months ago Peoria, Ill.-based Caterpillar Inc. was flying high on profits from sales of equipment as commodity prices soared and mining companies, among others, were demanding more products. These days, the world's No. 1 manufacturer of construction machinery, is singing the same sad song heard around...  Continue reading

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Posted on January 20, 2009 at 2:24 PM
Filed under: Election 2008
Tagged: president obama

Among the points that stood out for one listener in President Obama's inaugural address:How blunt he was about this being a time of economic crisis.How wonkily detailed he was about what the stimulus is meant to go for.How professorial he was about the respective roles of the government and the...  Continue reading

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Posted on January 14, 2009 at 5:44 PM
Filed under: Acquisitions | Corporate Strategy | Election 2008 | Growth Strategy | Trends
Tagged: David Carney , Deloitte Consulting , Inside the Deal , M&A trends

Projections for M&A activity in the first quarter may be dismal, but dealmaking could pick up as the new presidential administration settles in. In this edition of Inside The Deal, David Carney, a principal in Deloitte Consulting LLP's M&A practice, lays out five megatrends that will drive dealmaking in 2009....  Continue reading

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Posted on January 8, 2009 at 4:57 PM
Filed under: Corporate Strategy | Election 2008 | People | Trends
Tagged: 111th Congress , Christie Hefner , FriendFinder Networks , Girls Gone Wild , Henry M. Paulson Jr. , Hustler magazine , Joe Francis , Larry Flynt , Penthouse , Playboy

Apparently, these are rough times for the adult entertainment industry. And two of its top execs are asking Treasury Secretary Henry M. Paulson Jr. for $5 billion. Larry Flynt, publisher of Hustler magazine, and Joe Francis, producer of "Girls Gone Wild" videos, announced in a press release that they are...  Continue reading

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Posted on December 31, 2008 at 12:22 PM
Filed under: Acquisitions | CD Community | Corporate Strategy | Deal International | Election 2008 | Trends
Tagged: M&A 2009 , PricewaterhouseCoopers , Robert Filek

Robert Filek, a partner in PricewaterhouseCoopers' transaction services group -- and a former CD Forum moderator -- said "troubled companies will look to align with larger, stronger players in order to survive, creating the perfect storm for mergers of necessity." PwC said in a lengthy report that the deal...  Continue reading

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Posted on December 19, 2008 at 9:12 AM
Filed under: Best Practices | Corporate Strategy | Detroit Breakdown | Divesting and Restructuring | Election 2008 | Trends
Tagged: auto bailout , Barack Obama , Chrysler , General Motors , President Bush , President-elect

President Bush is handing over a lot of work to President-elect Barack Obama, but he at least wants to take the issue of Detroit's automakers off Obama's plate for a little while. The White House did not respond in knee-jerk fashion to bail out cash-strapped automakers General Motors Corp. and...  Continue reading

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Posted on December 16, 2008 at 4:07 PM
Filed under: Acquisitions | Election 2008 | People | Trends
Tagged: Barack Obama , Bernie Madoff , Daniel Laikin , Dennis Barsky , DOJ , Eduardo Rodriguez , fraud , Marc Dreier , National Lampoon , President-elect , Rod Blagojevich , SEC

Conspiracy and securities fraud charges were filed for four separate schemes designed to artificially inflate the prices of publicly traded stocks. Among those charged is Daniel Laikin, CEO of National Lampoon Inc.This come about five weeks after the Los Angeles comedic brand acquired lighthearted Web site BarackObamaJokes.com for an undisclosed...  Continue reading

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Posted on December 16, 2008 at 3:01 PM
Filed under: Acquisitions | CD Community | Corporate Strategy | Election 2008 | People | Sector Watch | Trends
Tagged: Barack Obama , Chris Williams , Harris Williams & Co. , Hiter Harris , President-elect

Harris Williams & Co. co-founders Hiter Harris and Chris Williams donned their business casual wear for a talk about what's coming for mergers and acquisitions in 2009. They say while pockets of debt capital are still available for small and mid-size deals, all who touch middle-market M&A - be...  Continue reading

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