Comments on: Microblog 2008-12-24 https://www.overlawyered.com/2008/12/microblog-2008-12-24/ Chronicling the high cost of our legal system Mon, 29 Dec 2008 15:45:56 +0000 hourly 1 By: Dan https://www.overlawyered.com/2008/12/microblog-2008-12-24/comment-page-1/#comment-37757 Mon, 29 Dec 2008 15:45:56 +0000 http://overlawyered.com/?p=8060#comment-37757 That “subprime primer” is ancient, but every single time someone sends it to me I read the entire thing.

]]> By: jeff nolan https://www.overlawyered.com/2008/12/microblog-2008-12-24/comment-page-1/#comment-37588 Fri, 26 Dec 2008 18:21:30 +0000 http://overlawyered.com/?p=8060#comment-37588 SolarWorld is worth billions as well, they are a publicly traded company with a market capitalization of approximately USD$2.3 billion… slightly more the GM.

At any rate, it doesn’t matter in the end because GM can’t afford to finance a deal for Opel and the debt markets certainly won’t step up either.

]]> By: SSFC https://www.overlawyered.com/2008/12/microblog-2008-12-24/comment-page-1/#comment-37561 Fri, 26 Dec 2008 05:11:20 +0000 http://overlawyered.com/?p=8060#comment-37561 Cerberus is worth billions. A German solar power company?

]]> By: jeff nolan https://www.overlawyered.com/2008/12/microblog-2008-12-24/comment-page-1/#comment-37560 Fri, 26 Dec 2008 04:55:39 +0000 http://overlawyered.com/?p=8060#comment-37560 I didn’t read the Opel link but it is worth pointing out that when Cerberus acquired Chrysler from Daimler, the deal ended up getting partly financed by a loan from Daimler and a commitment to cover ongoing operations for a period of time. Therefore, it’s not unusual in one of these deals to have the acquirer using capital from the parent company of the acquiree as a means of financing the transaction.

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