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POPSFinancial Moeny services Settlement funding services come in handy both to plaintiffs and their attorneys fighting against mighty defendants. Settlement funding services provide money on the merit of a particular court case. For more details visit us at http://www.relo-index.com/
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POPSPirate Ethics Sam Zell is one of the nastiest predators of the financial market and is an example of why the U.S. economy is going down the toilet. The former CEO was given more than $40 million when Zell took charge. Citigroup and Merrill Lynch were paid $36 million each for being “advisors” on the deal. Morgan Stanley, got $7.5 million just for writing a “fairness opinion,” stating that Zell’s use of the pension fund was Kosher. And Zell? He put up less than 4% of the purchase price to get control of the company, and while he might lose some of that, he cut the deal in a way that makes him a secured creditor. This means that if the Tribune’s assets have to be distributed to creditors as a result of the bankruptcy, Zell will be first in line to get his – standing in front of the employees whose company and pensions he wrecked. If there was more regulation over 'pirate practices' like this our ecoonomy would be in much better shape.
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POPSSam Zell on Oil, Consumer Confidence, Candidates Zell believes price of Oil will spark mass conservation. He thinks consumer confidence is a serious problem right now. He also echoed the words of P&G's CEO who came out against the candidates for using the media to create added fear. Definitely worth viewing the interview available on CNBC's site...
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POPSMurdoch Thwarted This is a surprising turn of events. Murdoch was willing to offer $580 million for Newsday because he could combine the paper with his New York Post and save a bunch of money. Dolan's Cablevision lacks the same synergy opportunities with Newsday but he was willing to pay $70 million more. There's no good explanation why so far, but a lot of people are wondering.
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POPSDefenders of Journalism Should Root For Cubs? As a fan of the valiant, injury-plagued (and still reigning World Champion) St. Louis Cardinals, I suppose I should take offense at this piece. But even with tongue firmly in cheek, CJR is making a serious point: the better the Cubs do in the post-season, the more the franchise might fetch in a sale. Too bad the Cubbies will choke like they always do. - Louis Hau
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POPSFront Page Ads At Tribune Papers Newspapers are desperately struggling to stem the industry-wide decline in circulation and print advertising. So whenever discussion arises over the pros and cons of front-page ads, it's hard to shake the sense that the participants are like doomed passengers on the Titanic holding a spirited exchange about the stitch design on their life jackets. A "huge mistake that will penalize the reader"? No longer generating enough ad revenue to publish a paper would seem likely to penalize readers too. - Louis Hau
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