Month February 2008

California polls. Way divergent.

Zogby has Obama by 13% in California, while SurveyUSA has Clinton by 10%. TPM opines that the Zogby poll appears more in line with other polls than does SurveyUSA. Yesterday here in CT, Obama filled XL Center in Hartford to…

LBOs get stuck on the pier

Investment banks fund leveraged buyouts with short-term ‘bridge loans’ to make the deal happen. They then sell those loans to investors, getting them off their books at a profit, then presumably reinvesting the money in another LBO and bridge loan.…

Ireland taxes plastic bags

Their new plastic bag tax, coupled with an massive ad campaign to bolster public support, resulted in a 94% drop in plastic bag usage in just a few weeks.