Topic: Buyouts

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GM readies deeper cuts as 6,000 workers leave

Reuters US Online Report Domestic News | 2009-08-03 18:33:24
<div><p>DETROIT (Reuters) - More than 6,000 General Motors Co workers took buyout offers in the company's first month after emerging from bankruptcy, and it plans to cut its hourly workforce by another 7,500 through the end of 2009.</p>&lt ...
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Gauging casino buyoutsÕ role in misfortune

Las Vegas Sun | 2009-07-10 16:01:56
<div id="subtitle">Taking companies private ballooned debt, led to layoffs, but the moves have defenders</div><div><p> Private equity firms acquired Harrahs Entertainment and Station Casinos in 2006, when capital was cheap and business was booming.</p>&lt ...
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Executive Pay

AP News | 2009-06-11 15:23:39
Executive Pay
From left, former Merrill Lynch Chief Executive Officer E. Stanley O'Neal, John Finnegan, Chair of Management Development and Compensation Committee for Merrill Lynch, and Angelo Mozilo, founder and former chief executive officer of Countrywide Financial Corporation, arrive on Capitol Hill in Washington, Wednesday, June 10, 2009, to testify before ...
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Congress Full Disclosure

AP News | 2009-06-10 20:14:46
Congress Full Disclosure
FILE - In this June 10, 2009, file photo former Merrill Lynch Chief Executive Officer E. Stanley O'Neal, from left, John Finnegan, Chair of Management Development and Compensation Committee for Merrill Lynch, and Angelo Mozilo, founder and former chief executive officer of Countrywide Financial Corporation, prepare to testify before the ...
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