Wednesday, June 24, 2009

Headlines

Sinopec Offers $7.22 Billion for Oil Firm - The takeover of Addax Petroleum would give the Chinese company access to oil fields in Iraq and West Africa.

Deep in Bedrock, Clean Energy and Quake Fears

O.E.C.D. Improves Outlook for Economy - The Organization for Economic Cooperation and Development has revised its forecasts for developed countries upward for the first time in two years.

DealBook Blog: KKR Revises Deal for Affiliate, Postpones NYSE Debut - The giant private equity firm said Wednesday that it is seeking to revise a merger with a publicly listed European affiliate that would give it an Amsterdam listing.

Citigroup Has a Plan to Fatten Salaries - The plan is a test for the Obama administration, which wants to limit compensation at companies that have received federal bailouts. These bozos simply refuse to understand what in damnation is going on.

Baucus Grabs Pacesetter Role on Health Bill

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