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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

May 07, 2009

Page

15

Hedge funds reveal names in Chrysler deal fight

A court filing shows hedge funds Group G Partners Schultze Asset Management Foxhill Capital Partners Oppenheimer Funds and Stairway Capital owning 295 million of Chrysler senior debt join opposition to the government backed sale. Judges ordered disclosure amid safety concerns and Obama criticism.

Tomoeh Murakami Tseihe Washington Post New York Chrysler Group G Partners Schultze Asset Management Foxhill Capital Partners Oppenheimer Funds Stairway Capital

GM to Idle 25 More Plants Amid Broad Shutdown Plan

General Motors will temporarily close all or parts of 23 engine transmission and parts factories across the United States as vehicle plants idle. Spokeswoman Sharon Basel cited plans to shutter 13 assembly plants for up to 11 weeks to control inventory, affecting more than 18 000 workers. Some parts plants will close eight or nine weeks, others only one product line. GM relies on 15 4 billion in government loans and faces a June 1 restructuring deadline or bankruptcy protection.

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Cell only households surpass landlines in U S

The CDC reports 20 percent of U S households used only cell phones in late 2008 up from 17 percent with landlines and no cell. Researcher Stephen Blumberg links the rise to recession affecting family budgets and choices.

Washington U.S Centers For Disease Control and Prevention Stephen Blumberg

Iowa to expand energy funds weatherization solar programs

Iowa expands state energy program funds with over 170 million dollars for weatherization and efficiency. More than 80 million will support weatherization over three years, while 40 plus million backs the State Energy Program and 21 million aids local governments. The plan increases qualifying households and targets schools, nonprofits, and facilities with loan and grant options to boost energy savings.

Pearson Iowa Teresa Galluzzo

Also Mentioned on This Page

Agriculture Futures Obama George Schultze The Post Tom Lauria Lauria Cindy Hadish Gazcomm Gazetteonline.com Gazette Cedar Rapids VFW God Speed Larry the Gazette
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