Tag Archive for 'china'

China to spend $586 billion on its infrastructure

November 9th, 2008 • by David Zatz

The United States recently decided to give $700 billion in Treasuries to various banks, in return for apparently worthless securities. That might be an oversimplification, but it’s the gist of the deal. The program will be overseen by a Wall Street executive who is used to eight-digit salaries, and has been stripped of any promises [...]

Tags: banks, china, loans.
Off-Topic

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What GM’s Friday announcements might be

November 6th, 2008 • by David Zatz

The Detroit News is reporting that General Motors will announce “important changes” to its operation on Friday. Citing an internal company email, the News says GM CEO Rick Wagoner and Fritz Henderson, the company’s President and Chief Operating Officer, will outline plans to address challenges “brought on by the volatile global economic situation.”
Earlier, we’d been [...]

Tags: acquisition, brands, cars, cerberus, china, GM, GMAC, Marketing, merger, takeover, Trucks.
GM

21 Comments

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