Gm Chrysler Merger Talks Reported

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For the full year 2008, Borders lost $157 million on revenue of $2.8 billion. Borders recently extended its $42.5 million senior secured term loan with Pershing Square Capital Management, moving the deadline day to April 1, in 2010. That may be the day that Borders disappears. Border's shares trade at $1.47, down due to a 52-week most of $8.02.

"Over in the future there are going to trillions of dollars in stock which don't exist anymore and that money will go somewhere. It should go into the remaining stocks," Michael Williams managing director of Beamreach Trust in New York, was quoted by Bloomberg.

If you've used a 360 degree feedback process (a successful method espoused by most Executive Coaches and HR consultants), do another one in 6 months and compare your reviews.

Want further proof:- Professor Jeremy Siegel of the Wharton School of Business has shown that the 100 highest-yielding stocks of this S&P 500 outperformed the entire index by 3 percentage points yr. Now a 3-point advantage may not sound like much, but over 10 years, that meant approximately $900 extra received almost every $1,000 squandered.

I will miss Borders Bookstore when it finally closes. Personally, I visit the one at White Flint mall all the time. I love the atmosphere. I can just lose myself ultimately books and magazines now there. In fact, when I'm there I'm transported right land of books and honey.

The larger issue is the resultant proportions the merged entity. Finances too many corporations considered "too big to fail" (including GM and Chrysler!). Each time one of people corporations actually starts to teeter, Ough.S. taxpayers money has to flood in and save them, as benefits of allowing them to fail are extremely devastating on the economy. How's combining two "too big to fail" companies that happen to be already teetering and merging them into an even larger "too big to fail" megacorporation (that will, no doubt, be teetering) a shrewd move?

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