Apple to build partnership with Microsoft to replace Google as default search engine [BusinessWeek – Jan 20, 2010]
CitiBank – Lost market cap; reported losses; refused to file bankruptcy; accepted billions of dollars in bailout package and
© Rohit Deshpande
Another economic panic - Three-month U.S. Treasury rates reaching negative territory. With the stock market crashed, commodities sinking, housing underwater and banks starved of liquidity, it seems that investors are searching safe heaven at the US Treasury. In other words investors are ready to “pay” the US Treasury for “borrowing” their capital where they think that they can protect the values of their capital. But that also means that borrowing becomes even more difficult with widening spreads. The only silver lining is that bailouts would look much cheaper!
Global financial crisis has now reached the most prestigious and probably the richest academic institution in the world - Harvard University.
© Rohit Deshpande
"To this day, I believe the best thing for Microsoft to do is to buy Yahoo" - Jerry Yang, CEO of Yahoo, just few hours after Google walked away from ad-search deal with Yahoo.
Now that’s maximizing value for shareholders ... of course those of Microsoft!!