- FDIC Selling Busted Bank Loans on Terms That Make It `Hard to Lose Money' Starwood Capital Group LLC, Colony Capital LLC and TPG, whose leaders profited from the 1990s savings and loan crisis, are among firms buying assets from the Federal Deposit Insurance Corp. for as little as 22 cents cash on the dollar, according to data compiled by Bloomberg.
- Batista Cancels EBX Offering as Billionaire Changes Plans After OSX Plunge Brazilian billionaire Eike Batista cancelled his planned initial public offering of holding company EBX Group Ltd. after raising $3.9 billion less than he first sought from the sale of shipbuilding unit OSX Brasil SA.
- New York University Challenged on Four Fronts in 40% Expansion of Campus Greenwich Village preservationists have a four-word response to New York University’s plan to expand its campus by 40 percent: Not in our backyard.
- Yale Man Makes Presidents Out of Provosts as Jack Welch Made CEOs From GE When the Massachusetts Institute of Technology was searching for a new president in 2004, it skipped past college leaders with long resumes and instead turned to Susan Hockfield, a neurobiologist who had been Yale University’s provost -- its No. 2 position -- for less than two years.
- Chinese Turbines Spun by Texas Winds Spur `Buy American' Push Chinese turbines powered by west Texas winds are sparking a debate over whether “Buy American” rules should be imposed on renewable-energy investments backed by the U.S. government.
- Goldman Sachs Boosts Nashville's Debt 40% for Convention Center Nashville, home of country-music stars such as Taylor Swift and the Grand Ole Opry, will boost city-backed debt by almost 40 percent to borrow $633 million for a new convention center three times the size of the Tennessee municipality’s current one.
Bloomberg Daily News 14th April 2010
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