Happy Three Day Weekend!
Oh Man: The AP is losing this war and “quickly becoming the RIAA of the news industry.” From Techcrunch: A country radio station in Tennessee, WTNQ-FM, received a cease-and-desist letter warning from an A.P. vice president of affiliate relations for posting videos from the A.P.’s official Youtube channel on its Website. (Techcrunch)
Henry Blodget: Is GE Capital is just another Bear Stearns with a friendly logo? (Clusterstock)
Get Ready: The author who predicted crisis sees inflation ahead. (But then again, is track record really a solid predictor for future performance?) (Reuters)
Hummer Sputtering: The offers for GM’s Hummer brand, which include some private equity firms, have come down significantly. What, people don’t want to drive gas-guzzling luxury vehicles in a recession? (Dealzone)
Now Hiring: Laid off Wall Streeters are interested in Uncle Sam’s Fed job fair. (Bloomberg)
Neat Charts: Deal Journal has profiled the CVC Capital/iShares deal. (Deal Journal)
In-House: The NY State Common Retirement Fund is looking for new york state-specific investments. (Business and Labor Coalition)
Narrow Focus: An Eqyptian turnaround fund. (Alt Investments)
PE Bust: Metalmark-backed Aventine, an ethanol company, has flamed out. (Reuters)