4 result(s) displayed (1 - 4 of 4):

GMAC files for bank status; will GM transfer ownership? (from Corporate Dealmaker)

Questions about GMAC Financial Services survival may be answered if it gets the ability to tap TARP funds. Thursday morning, the firm -- owned by Cerberus Capital Management LP and General Motors Corp. -- announced like so many others that it applied to the Federal Reserve to become a bank...

Posted on November 20, 2008 10:37 AM

How the Fed is a friend to some developing-market companies (from Corporate Dealmaker)

The newest front in the battle against the global financial meltdown is in the developing economies, where hopes of continuing growth that would help buoy the rest of the world have given way to concerns about financial squeeze and slowdown.It wasn't a huge surprise last week when the International Monetary...

Posted on November 3, 2008 9:31 AM

CD Forum: 'Credit is no longer a wave, it's an iceberg' (from Corporate Dealmaker)

James Grant, the editor of Grant's Interest Rate Observer, brought his trademark humor combined with dire warning to his keynote speech at the Corporate Dealmaker Forum on Thursday. "Credit is no longer a wave, it's an iceberg," Grant said. "Things are awful, yet there are no defaults ... yet." Still...

Posted on October 2, 2008 3:18 PM

Credit crunch squeezes Cablevision sale ... and the U.S. (from Corporate Dealmaker)

As the Dow Jones and other markets ride their roller coaster on news of a Lehman Brothers Holdings Inc. bankruptcy and the "Sovereign wealth Fed" reacting by boosting money market funds (which "broke the buck" for the first time in 14 years) and possibly creating an entity to eat up banks' bad debt, dealmakers have to adjust their game plans as well. At a Goldman, Sachs & Co. conference in New York, Cablevision Systems Corp. chief executive Jim Dolan said...

Posted on September 19, 2008 10:51 AM