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7 Resources for

craig pirrong and transport

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Why GM Is No Longer In a Hurry to Sell Opel
Craig Pirrong submits: Spiegel has released a long article chronicling the Opel saga. In brief, the story appears to be that GM originally agreed to the Magna-Sberbank/Avtogaz deal out of desperation, but as its existential crisis eased due to the infusion of massive amounts of US taxpayer support,...
Tags: Transport, Craig Pirrong
External links 2009-09-04
GM's Lagging Opel Sale: Hang Tough and Avoid a Dodgy Acquirer
Craig Pirrong submits: Last week I hypothesized that the real reason GM was balking at the Magna MGA deal for Opel was that it wanted nothing to do with Oleg Deripaska and Gaz, widely considered to be the ultimate buyer of the stake originally slated to go to Sberbank....
Tags: Transport, Craig Pirrong
External links 2009-09-08
Russia and Russian Business Gets a Taste of Its Own Expropriation Medicine
Craig Pirrong submits: Russia, and Oleg Deripaska’s RusAl, is getting a taste of its own medicine of expropriation. The government of the African country of Guinea voided the sale to RusAl of a large alumina smelter there. And Russia is none too happy about it: ...
Tags: Emerging Markets, Transport, Craig Pirrong
External links 2009-09-14
More GM Magna-Fallout: What Russia Will Have to Learn
Craig Pirrong submits: Vladimir Putin is whining, predictably, about the GM board’s decision to terminate the sale of Opel: "We will have to take into account this style of dealing with partners in the future, though this scornful approach toward partners mainly affects the Europeans, not us,” Putin told...
Tags: Emerging Markets, Transport, Craig Pirrong
External links 2009-11-08
China's Economy: Everything Looks Great, Yet Many Reasons for Disquiet
Craig Pirrong submits: Trying to figure out what is going on with the Chinese economy is a first-order issue. Superficially, everything looks great; growth is right on official targets, and is at levels that the world would envy even during boom times. In spite of that–no, because...
Tags: Financial, Transport, China, Craig Pirrong
External links 2009-09-01
Opel Sale: Buyer Beware...Seller Too
Craig Pirrong submits: GM’s sale of Opel is still hanging fire. The German government is exerting heavy pressure on GM to choose the Sberbank-Magna deal (under which Sberbank would most likely sell its share to Deripaska’s OAO Gaz) over the rival RHJ International bid. But GM is...
Tags: Transport, Craig Pirrong
External links 2009-08-13
Porsche's VW Stock Squeeze: Germany's Financial Regulators Finally Act
Craig Pirrong submits: About 10 months ago I wrote about a massive squeeze on VW stock, associated with the revelation that Porsche had accumulated an immense options position on the larger company’s stock. For a brief time, the squeeze made VW (VLKAY.PK) the largest capitalization firm in the world....
Tags: Transport, Craig Pirrong
External links 2009-08-23
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