The Juice: A Little Something Extra for your morning
« Hope you like your OJ cold . . . | Main | The best of drawn-out late-night TV »
Blackstone couldn't pay, so it's gotta pay
PHH, a New Jersey-based mortgage and leasing company, wants Blackstone Group to cough up a $50 million break fee. Blackstone was in a deal to buy PHH with General Electric for nearly $2 billion, but Blackstone couldn't get financing to hold up its end of the deal. The Times of London reports this morning its not clear whether Blackstone would agree to pay PHH the fee.
Posted on January 2, 2008 5:44 AM PT | Permalink
Latest Posts
- Times are never too bad to give
- The ax is chopping at Citigroup
- Don't just do lunch -- go for the Buffett
- XM, Sirius shares falter on bad report
- Chess Rules Everything Around Me
- Maybe sales will get better in Time
- Ladies Love Cool . . . Sears
- I'm browsing, they're browsing, everybody's browsing
- Can't afford gas? Try air freshener
- Haven't bought any underwear lately have you?
Archives
| S | M | T | W | T | F | S |
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| 8 | 9 | 10 | 11 | 12 | 13 | 14 |
| 15 | 16 | 17 | 18 | 19 | 20 | 21 |
| 22 | 23 | 24 | 25 | 26 | 27 | 28 |
| 29 | 30 |
sponsor
Latest Comments
- The economy: Not at your service (1)
- Laura Beth wrote: SO WHAT. To me, it is GREAT that the economy is NOT growing.... [read]
- Hard to see a slowdown from a yacht... (1)
- Chuck wrote: Until our elected "leaders" stop taking bribes from the weal... [read]
- It's OK to mix your beer (1)
- dallas latham wrote: diabolical!!!!! ... [read]
- Greenspan's recession more and more likely (2)
- Alan Reynolds wrote: Saying there is a 50-50 chance of something happening is wim... [read]
- SAG wins best supporting union in WGA strike (1)
- wrote: thats dissapointing... [read]
Marketplace Confessional
I've just listened to Mr. Stein's concern for the poor working man. No doubt he drove his Bronco to the station to make his plea for the common man. Honestly, Ben Stein weeping for the common man's fate? After my sides stopped hurting from laughing ...
sponsor