The moment of truth in the nation’s automotive bailout debate might have come this week. As the CEOs of GM, Ford and Chrysler begged Congress for federal aid, a Detroit radio talk-show host asked whether Michigan, as well as the car companies, should get assistance. The state is being hit by an economic hurricane, he [...]
Archive for November, 2008
The Auto Makers Are Already Bankrupt – Admitting the obvious is their best chance to restructure.
Posted in Uncategorized, tagged boic, car industry, economic downturn, Gerbsman Partners, Robert Tillman on November 27, 2008 | Leave a Comment »
China Unveils $586 Billion Economic Stimulus Plan
Posted in Uncategorized, tagged boic, Economy, Gerbsman Partners on November 25, 2008 | Leave a Comment »
SHANGHAI — China announced a huge economic stimulus plan on Sunday aimed at bolstering its weakening economy, a sweeping move that could also help fight the effects of the global slowdown.
At a time when major infrastructure projects are being put off around the world, China said it would spend an estimated $586 billion over the [...]
US Treasury Want to Borrow Record 550 Billion Dollars
Posted in Uncategorized, tagged boic, Economy on November 20, 2008 | Leave a Comment »
The US Treasury said Monday it would seek to borrow a record 550 billion dollars in the October-December period to help stabilize the financial sector hammered by the global credit crisis.The fourth-quarter borrowing estimate was substantially higher than the 408 billion dollars announced in July, and is a record high for quarterly estimates, a Treasury [...]
John Doerr: 10 ways for companies to stay afloat in rough times
Posted in Investments, Technology, Venture Capital on November 18, 2008 | Leave a Comment »
Kleiner Perkins’ John Doerr came prepared with a list of the top things that start-up CEOs should do. He surveyed 18 of Kleiner’s companies, and here’s what they suggest [update: Doerr has since added an eleventh point]:
Act now. Act with speed. Raise money. Get a loan, secure financing. Focus, cut or sell.
Protect the vital core [...]
We Do for the Troops.org Presents ” It’s about Troops not Policy” Veterans Appreciation Day Nov 14
Posted in Uncategorized on November 12, 2008 | Leave a Comment »
“We Do for the Troops”Presents
“It’s about Troops not Policy” Veterans Appreciation
November 14, 2008
War Memorial Veterans’ Building
401 Van Ness Avenue
Green Room
San Francisco, CA 94102
Cocktail Reception & honoring our troops: 600PM
District Installation Ceremony: 700PM
Green Room- Social with 3DJ’s and dancing: 715PM
VIP Room – Military/Business/Civic Leaders Social: 7:15PM
*$10 suggested donation at door
All proceeds go to educational, vocational, [...]