Wednesday, May 6, 2009
An eerily appropriate pro-card check scam . Using Twitter. ... 11:33 P.M.
Why might a red-blooded hedge fund manager be intimidated by a phone call from Obama car capo Steve Rattner threatening public criticism? A Wall Street type emailed to explain why, even if Rattner doesn't control the press-- even if the press would side against Rattner and Obama-- the prospect of any increased press coverage might be terrifying.
[T]he thing that Hedge Funds fear most is investor redemptions. If there is press about a hedge fund (again, in this environment) that suggests that that Hedge Fund is cross-wise with the Feds, redemptions would start
Note that threat sort of publicity would be real whether or not the fears of the skittish investors (that the Feds might hurt the hedge fund) are justified, and whether or not the hostility of the Feds is justified. ... 11:31 P.M.
"[I]t looks like reliability may be a challenge." Consumer Reports checks into FIAT's reliability rating in England . It's better than Chrysler's! Chrysler was 38th out of 38 brands compared. FIAT was ... 35th out of 38. Synergy! .. [via Autoblog via Insta ] 11:30 P.M.
Secret weapon for "card check" Dems? They have leverage with Sen. Specter now-- if he plays ball (on health care, but maybe also on "card check") the Dems might give him his seniority back . ... 11:27 P.M.