Wednesday, June 11, 2008
Daniel Howes
Kerkorian’s Ford bid reveals much
Mass sale reflects shareholders’ fading faith, mogul’s contrarian nature.

This much can be said of Kirk Kerkorian’s tender offer for 20 million more shares of Ford Motor Co., which expired Monday:
The Las Vegas billionaire, who amassed an estimated $18 billion fortune betting against conventional wisdom, has more confidence [...]

 
GM breaks up with Big Oil in new ads
Automaker unveils corporate campaign addressing high gas prices
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Ira Teinowitz
Automotive News | June 10, 2008 - 1:52 pm EST
 
 
ATLANTA — General Motors is sending a “Dear John” letter to big oil.
Katherine Benoit, GM corporate marketing director, told attendees at the American Advertising Federation meeting this week that [...]