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    <title>The Deal.com</title>
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    <id>tag:www.thedeal.com,2009-04-08://40</id>
    <updated>2009-07-02T18:34:34Z</updated>
    
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<entry>
    <title>Can auto dealers fight back?</title>
    <link rel="alternate" type="text/html" href="http://www.thedeal.com/corporatedealmaker/2009/07/can_auto_dealers_fight_back.php" />
    <id>tag:www.thedeal.com,2009:/corporatedealmaker//30.28149</id>

    <published>2009-07-02T18:04:48Z</published>
    <updated>2009-07-02T18:34:34Z</updated>

    <summary>Can auto dealers do anything to fight back against the mass closings ordered by General Motors Corp. and Chrysler Group LLC, and the changes being required of those dealers who are retaining their franchises? Not a whole lot, according to National Automobile Dealer&apos;s Association chairman John McEleney, speaking on CNBC...</summary>
    <author>
        <name>Kenneth Klee</name>
        
    </author>

    <category term="chrysler" label="chrysler" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="generalmotors" label="general motors" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="nada" label="NADA" scheme="http://www.sixapart.com/ns/types#tag" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thedeal.com/corporatedealmaker/">
        Can auto dealers do anything to fight back against the mass closings ordered by General Motors Corp. and Chrysler Group LLC, and the changes being required of those dealers who are retaining their franchises? Not a whole lot, according to National Automobile Dealer&apos;s Association chairman John McEleney, speaking on CNBC...
    </content>
</entry>

<entry>
    <title>Bank of America starts taking IOUs</title>
    <link rel="alternate" type="text/html" href="http://www.thedeal.com/dealscape/2009/07/bank_of_america_iou_california.php" />
    <id>tag:www.thedeal.com,2009:/dealscape//29.28143</id>

    <published>2009-07-02T17:44:17Z</published>
    <updated>2009-07-02T18:45:05Z</updated>

    <summary>Bank of America will be accepting California IOUs as payment as the state&apos;s budget impasse grinds on.</summary>
    <author>
        <name>George White</name>
        
    </author>

    <category term="bankofamerica" label="Bank of America" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="budgetimpasse" label="budget impasse" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="california" label="California" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="ious" label="IOUs" scheme="http://www.sixapart.com/ns/types#tag" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thedeal.com/dealscape/">
        Bank of America will be accepting California IOUs as payment as the state&apos;s budget impasse grinds on.
    </content>
</entry>

<entry>
    <title>Crisis Dashboard: LIBOR, VIX, TED Spread, Dow</title>
    <link rel="alternate" type="text/html" href="http://www.thedeal.com/dealscape/2009/07/crisis_dashboard_libor_vix_ted_spread_dow.php" />
    <id>tag:www.thedeal.com,2008:/dealscape//29.21074</id>

    <published>2009-07-02T17:30:00Z</published>
    <updated>2009-07-02T18:41:07Z</updated>

    <summary>Check out the latest readings of LIBOR, VIX, TED Spread and the Dow along with the latest news affecting the market. </summary>
    <author>
        <name>Maria Woehr</name>
        <uri>http://www.thedeal.com/dealscape</uri>
    </author>

    <category term="crisisdashboard" label="Crisis Dashboard" scheme="http://www.sixapart.com/ns/types#tag" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thedeal.com/dealscape/">
        Check out the latest readings of LIBOR, VIX, TED Spread and the Dow along with the latest news affecting the market. 
    </content>
</entry>

<entry>
    <title>Auction for AIG investments unit stalls</title>
    <link rel="alternate" type="text/html" href="http://www.thedeal.com/dealscape/2009/07/aig_investments_unit_auction_s.php" />
    <id>tag:www.thedeal.com,2009:/dealscape//29.28141</id>

    <published>2009-07-02T16:54:56Z</published>
    <updated>2009-07-02T17:42:08Z</updated>

    <summary>Efforts to sell American International Group&apos;s asset management business have stalled after another week of negotiating.</summary>
    <author>
        <name>Maria Woehr</name>
        <uri>http://www.thedeal.com/dealscape</uri>
    </author>

    <category term="aig" label="AIG" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="aigadvisorgroup" label="AIG Advisor Group" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="aiginvestments" label="AIG Investments" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="aigsinternationalleasefinance" label="AIG&apos;s International Lease Finance" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="americaninternationalgroupinc" label="American International Group Inc." scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="franklintempletoninvestmentsinc" label="Franklin Templeton Investments Inc." scheme="http://www.sixapart.com/ns/types#tag" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thedeal.com/dealscape/">
        Efforts to sell American International Group&apos;s asset management business have stalled after another week of negotiating.
    </content>
</entry>

<entry>
    <title>SEC exec: Whistleblowers should be rewarded</title>
    <link rel="alternate" type="text/html" href="http://www.thedeal.com/dealscape/2009/07/sec_exec_says_whistleblowers_s.php" />
    <id>tag:www.thedeal.com,2009:/dealscape//29.28142</id>

    <published>2009-07-02T15:45:12Z</published>
    <updated>2009-07-02T17:40:37Z</updated>

    <summary>SEC Inspector General David Kotz says the regulator should pay whistleblowers for information about fraud.</summary>
    <author>
        <name>Gerald Magpily</name>
        
    </author>

    <category term="hedgefunds" label="hedge funds" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="lawandregulation" label="law and regulation" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="securitiesandexchangecommission" label="Securities and Exchange Commission" scheme="http://www.sixapart.com/ns/types#tag" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thedeal.com/dealscape/">
        SEC Inspector General David Kotz says the regulator should pay whistleblowers for information about fraud.
    </content>
</entry>

<entry>
    <title>Crabtree &amp; Evelyn begins bankruptcy process</title>
    <link rel="alternate" type="text/html" href="http://www.thedeal.com/dealscape/2009/07/crabtree_evelyn_joins_retailer.php" />
    <id>tag:www.thedeal.com,2009:/dealscape//29.28137</id>

    <published>2009-07-02T15:23:16Z</published>
    <updated>2009-07-02T15:23:57Z</updated>

    <summary>Crabtree &amp; Evelyn joins a string of other U.S.-based retailers in filing for bankruptcy.</summary>
    <author>
        <name>Maria Woehr</name>
        <uri>http://www.thedeal.com/dealscape</uri>
    </author>

    <category term="bankruptcy" label="bankruptcy" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="chapter11" label="Chapter 11" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="crabtreeevelynltd" label="Crabtree &amp; Evelyn Ltd" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="eddiebauerholdingsinc" label="Eddie Bauer Holdings Inc." scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="filenesbasementinc" label="Filene&apos;s Basement Inc." scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="lenoxgroupinc" label="Lenox Group Inc." scheme="http://www.sixapart.com/ns/types#tag" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thedeal.com/dealscape/">
        Crabtree &amp; Evelyn joins a string of other U.S.-based retailers in filing for bankruptcy.
    </content>
</entry>

<entry>
    <title>Astellas Pharma throws lifeline to Maxygen</title>
    <link rel="alternate" type="text/html" href="http://www.thedeal.com/corporatedealmaker/2009/07/maxygen_forms_jv_with_japans_a.php" />
    <id>tag:www.thedeal.com,2009:/corporatedealmaker//30.28133</id>

    <published>2009-07-02T15:00:43Z</published>
    <updated>2009-07-02T15:58:19Z</updated>

    <summary><![CDATA[Biotechnology firm Maxygen Inc. (NASDAQ:MAXY) has gotten a life-saving assist from Astellas Pharma Inc. of Japan. The companies are forming a joint venture that will keep Maxygen operating in a brutal market for developmental stage biotechs with no marketable products and sky-high R&amp;D costs.  As this Deal Pipeline timeline shows (subscription required),...]]></summary>
    <author>
        <name>Suzanne Stevens</name>
        
    </author>

    <category term="astellaspharma" label="Astellas Pharma" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="lazardco" label="Lazard &amp; Co." scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="maxygen" label="Maxygen" scheme="http://www.sixapart.com/ns/types#tag" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thedeal.com/corporatedealmaker/">
        <![CDATA[Biotechnology firm Maxygen Inc. (NASDAQ:MAXY) has gotten a life-saving assist from Astellas Pharma Inc. of Japan. The companies are forming a joint venture that will keep Maxygen operating in a brutal market for developmental stage biotechs with no marketable products and sky-high R&amp;D costs.  As this Deal Pipeline timeline shows (subscription required),...]]>
    </content>
</entry>

<entry>
    <title>General Motors</title>
    <link rel="alternate" type="text/html" href="http://www.thedeal.com/newsweekly/dealwatch/general-motors.php" />
    <id>tag:www.thedeal.com,2009:/newsweekly//34.17185</id>

    <published>2009-07-02T14:58:00Z</published>
    <updated>2009-07-02T14:58:32Z</updated>

    <summary>As expected, GM filed for Chapter 11 at 8 a.m., June 1. See highlights of The Deal&apos;s coverage of how the auto giant got here and what lies ahead. </summary>
    <author>
        <name>Carolyn Murphy</name>
        
    </author>

    <category term="automakers" label="automakers" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="chrysler" label="Chrysler" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="delphi" label="Delphi" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="ford" label="Ford" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="gm" label="GM" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="hummer" label="Hummer" scheme="http://www.sixapart.com/ns/types#tag" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thedeal.com/newsweekly/">
        As expected, GM filed for Chapter 11 at 8 a.m., June 1. See highlights of The Deal&apos;s coverage of how the auto giant got here and what lies ahead. 
    </content>
</entry>

<entry>
    <title>FDIC data shows no CRA, failure correlation </title>
    <link rel="alternate" type="text/html" href="http://www.thedeal.com/dealscape/2009/07/fdic_data_shows_no_cra_failure.php" />
    <id>tag:www.thedeal.com,2009:/dealscape//29.28139</id>

    <published>2009-07-02T14:46:46Z</published>
    <updated>2009-07-02T14:55:34Z</updated>

    <summary>Federal Deposit Insurance Corp. data shows that over the last decade most banks have complied with the controversial Community Reinvestment Act with no rise in failures.</summary>
    <author>
        <name>Matthew Wurtzel</name>
        <uri>http://dealscape.thedealblogs.com/</uri>
    </author>

    <category term="banking" label="banking" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="bankingregulations" label="banking regulations" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="communityreinvestmentact" label="Community Reinvestment Act" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="cra" label="CRA" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="creditcrisis" label="credit crisis" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="fdic" label="FDIC" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="subprimemortgagecrisis" label="subprime mortgage crisis" scheme="http://www.sixapart.com/ns/types#tag" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thedeal.com/dealscape/">
        Federal Deposit Insurance Corp. data shows that over the last decade most banks have complied with the controversial Community Reinvestment Act with no rise in failures.
    </content>
</entry>

<entry>
    <title>As new GM takes shape, another call for gas tax</title>
    <link rel="alternate" type="text/html" href="http://www.thedeal.com/corporatedealmaker/2009/07/as_new_gm_takes_shape_another.php" />
    <id>tag:www.thedeal.com,2009:/corporatedealmaker//30.28140</id>

    <published>2009-07-02T14:43:10Z</published>
    <updated>2009-07-02T14:58:04Z</updated>

    <summary>The deadline is July 10. The Feds won&apos;t fund bankrupt General Motors Corp. past then, we learned Wednesday, so unless the court approves a 363 sale and the creation of the new GM by, let&apos;s see, a week from Friday, we&apos;re looking at liquidation. This and much more about what...</summary>
    <author>
        <name>Kenneth Klee</name>
        
    </author>

    <category term="catoinstitute" label="cato institute" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="generalmotorscorp" label="general motors corp." scheme="http://www.sixapart.com/ns/types#tag" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thedeal.com/corporatedealmaker/">
        The deadline is July 10. The Feds won&apos;t fund bankrupt General Motors Corp. past then, we learned Wednesday, so unless the court approves a 363 sale and the creation of the new GM by, let&apos;s see, a week from Friday, we&apos;re looking at liquidation. This and much more about what...
    </content>
</entry>

<entry>
    <title>Intermediate Capital raising $576M</title>
    <link rel="alternate" type="text/html" href="http://www.thedeal.com/dealscape/2009/07/pe_firm_intermediate_capital_r.php" />
    <id>tag:www.thedeal.com,2009:/dealscape//29.28138</id>

    <published>2009-07-02T14:39:22Z</published>
    <updated>2009-07-02T14:39:33Z</updated>

    <summary>Publicly traded buyout shop Intermediate Capital is doing a rights offering that gives shareholders a 75% discount to Wednesday&apos;s closing price.</summary>
    <author>
        <name>George White</name>
        
    </author>

    <category term="fundraising" label="fund raising" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="privateequity" label="private equity" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="rightsoffering" label="rights offering" scheme="http://www.sixapart.com/ns/types#tag" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thedeal.com/dealscape/">
        Publicly traded buyout shop Intermediate Capital is doing a rights offering that gives shareholders a 75% discount to Wednesday&apos;s closing price.
    </content>
</entry>

<entry>
    <title>I-banks, law firms hire in response to oil M&amp;A</title>
    <link rel="alternate" type="text/html" href="http://www.thedeal.com/corporatedealmaker/2009/07/i-banks_law_firms_hire_in_resp.php" />
    <id>tag:www.thedeal.com,2009:/corporatedealmaker//30.28123</id>

    <published>2009-07-02T14:11:35Z</published>
    <updated>2009-07-03T01:52:16Z</updated>

    <summary><![CDATA[Strategics in the oil sector feeling an economic upturn is in sight have been running to the deal table as valuations are still a bit depressed. In turn, investment banks and law firms alike have responded by hiring as they look to reign in M&amp;A advisory fees.Some big deals have...]]></summary>
    <author>
        <name>Basdeo Hiralal</name>
        
    </author>

    <category term="alanmurray" label="Alan Murray" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="bankofamerica" label="Bank of America" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="barclays" label="Barclays" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="davidasmus" label="David Asmus" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="evercorepartners" label="Evercore Partners" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="gazprom" label="Gazprom" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="morganlewisbockius" label="Morgan Lewis &amp; Bockius" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="petrochina" label="PetroChina" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="robertpacha" label="Robert Pacha" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="sinopec" label="Sinopec" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="societegenerale" label="Societe Generale" scheme="http://www.sixapart.com/ns/types#tag" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thedeal.com/corporatedealmaker/">
        <![CDATA[Strategics in the oil sector feeling an economic upturn is in sight have been running to the deal table as valuations are still a bit depressed. In turn, investment banks and law firms alike have responded by hiring as they look to reign in M&amp;A advisory fees.Some big deals have...]]>
    </content>
</entry>

<entry>
    <title>Finance Layoffs: 467K jobs lost</title>
    <link rel="alternate" type="text/html" href="http://www.thedeal.com/dealscape/2009/07/finance_layoffs_19.php" />
    <id>tag:www.thedeal.com,2009:/dealscape//29.28135</id>

    <published>2009-07-02T13:41:14Z</published>
    <updated>2009-07-02T13:41:30Z</updated>

    <summary>Employers cut 467,000 jobs in June, and the unemployment rate rose to 9.5%.</summary>
    <author>
        <name>Maria Woehr</name>
        <uri>http://www.thedeal.com/dealscape</uri>
    </author>

    <category term="bankers" label="bankers" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="banks" label="banks" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="hiring" label="hiring" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="jobs" label="jobs" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="layoffs" label="layoffs" scheme="http://www.sixapart.com/ns/types#tag" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thedeal.com/dealscape/">
        Employers cut 467,000 jobs in June, and the unemployment rate rose to 9.5%.
    </content>
</entry>

<entry>
    <title>Buyout shops start looking at IPO exits again</title>
    <link rel="alternate" type="text/html" href="http://www.thedeal.com/dealscape/2009/07/private_equity_ipo_exits_ventu.php" />
    <id>tag:www.thedeal.com,2009:/dealscape//29.28136</id>

    <published>2009-07-02T13:21:48Z</published>
    <updated>2009-07-02T17:00:39Z</updated>

    <summary>Venture capital firms aren&apos;t the only ones eying the IPO markets to start providing exits from their portfolio companies.</summary>
    <author>
        <name>George White</name>
        
    </author>

    <category term="exits" label="exits" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="ipo" label="IPO" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="privateequity" label="private equity" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="venturecapital" label="venture capital" scheme="http://www.sixapart.com/ns/types#tag" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thedeal.com/dealscape/">
        Venture capital firms aren&apos;t the only ones eying the IPO markets to start providing exits from their portfolio companies.
    </content>
</entry>

<entry>
    <title>NewsMarket rescues Medialink</title>
    <link rel="alternate" type="text/html" href="http://www.thedeal.com/corporatedealmaker/2009/07/the_newsmarket_acquires_strugg.php" />
    <id>tag:www.thedeal.com,2009:/corporatedealmaker//30.28132</id>

    <published>2009-07-02T12:49:08Z</published>
    <updated>2009-07-02T13:18:23Z</updated>

    <summary>In a deal marrying traditional and new media marketing companies, the NewsMarket announced Wednesday it intends to acquire Medialink Worldwide Inc. (NASDAQ:MDLK). The NewsMarket provides digital media services to help corporate and government clients communicate with clients through video, while Medialink provides television, radio and Internet news and market media...</summary>
    <author>
        <name>Suzanne Stevens</name>
        
    </author>

    <category term="medialinkworldwide" label="Medialink Worldwide" scheme="http://www.sixapart.com/ns/types#tag" />
    <category term="thenewsmarket" label="The NewsMarket" scheme="http://www.sixapart.com/ns/types#tag" />
    
    <content type="html" xml:lang="en" xml:base="http://www.thedeal.com/corporatedealmaker/">
        In a deal marrying traditional and new media marketing companies, the NewsMarket announced Wednesday it intends to acquire Medialink Worldwide Inc. (NASDAQ:MDLK). The NewsMarket provides digital media services to help corporate and government clients communicate with clients through video, while Medialink provides television, radio and Internet news and market media...
    </content>
</entry>


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