BIO Congratulates President-Elect Obama on His Presidential Election Victory
West Palm Beach (HedgeCo.net) – The following statement was issued by Biotechnology Industry Organization (BIO) President and CEO Jim Greenwood following the U.S. elections: "On behalf of the more than...
View ArticleObama adviser lobbied to protect Fannie
The Washington Times – A transition adviser to President-elect Barack Obama earned millions of dollars overseeing an office that led a lobbying effort to prevent increased oversight of mortgage giant...
View ArticleCongress to Hear Automakers Amended Rescue Plan Today
New York (HedgeCo.Net) – Board members of General Motors met this past weekend to go over a proposal that will be presented to Congress today in hopes of securing up to $12 billion in emergency...
View ArticleGM, Chrysler considering bankruptcy to get bailout: report
Reuters – General Motors Corp and Chrysler LLC are considering accepting a pre-arranged bankruptcy as the last-resort price of getting a multi billion dollar government bailout, Bloomberg reported,...
View ArticleThe Greenbrier needs to compete
Charleston Daily Mail – The Greenbrier has been a powerful asset to West Virginia since before the state was a state. Its corporate parent today, Florida-based CSX Corp., recently announced that it has...
View ArticleCSX says $11M shareholder settlement approved
Forbes – CSX Corp. said a New York Federal Court has approved a settlement in which the railroad operator will be paid $11 million by two activist shareholder hedge funds over alleged securities law...
View ArticleCSX, hedge fund fight in Congress; troubled fund backs off activism
Florida Times-Union – CSX Corp.’s proxy fight with two hedge funds ended in September with four nominees from The Children’s Investment Fund Management LLP and 3G Capital Partners Ltd. winning election...
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