BizJournals Portfolio
Apr 22 2009 8:57pm EDT

Happy Hour

General Motors is idling plants again this summer. Something to do with the hundreds of thousands of unsold vehicles. And it's skipping a debt payment.

Give the IMF credit. That is, their due, and some money.
Hearings on the Waxman-Markey climate change bill are underway this week. Meanwhile, the EPA's analysis suggests that the law would cost households just $150 a year.

"[T]he results of the stress tests must be part of a comprehensive, forward-looking package to resolve problems at banks." Indeed! Let's hope there's a plan in the wings beyond the preferred to common equity conversion.

The Ackman way -- set up a fund, raise $2 billion from other hedge funds, bet in on Target. Then urge Target to buy back stock.

Giant mystery blob found near dawn of time
. Science!


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