bailout

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  • Why US Taxpayers Will Bail Out Foreign Auto Suppliers

    Posted March 30, 2009 - 10:36 am

    When news broke last week that the U.S. would provide $5 billion in financing to cash-strapped automotive suppliers, the overall message was clear: The government is trying to prevent the collapse of the domestic auto industry and the Big Three automakers (GM, Ford and Chrysler) by ensuring that their top (or Tier 1) suppliers will receive the billions in payments owed to them by the Big Three. But the American public should remember that in this globalized economy, some of these TARP funds will eventually wind up at auto-parts suppliers in China, Europe, Indonesia, Thailand and elsewhere.
  • Upgrades yield small returns for VARs

    Posted November 24, 2008 - 12:30 pm

    The Channel Marker blog makes a very interesting point that I've commented on several times, commenting on the software business' "dirty little secret".

  • Dow dips below 10,000, what does it mean for VARs?

    Posted October 6, 2008 - 10:21 am

    As I write this, I am watching the Dow drop. It has just dipped below 10,000, after about 30 minutes of market activity, and is headed further south very quickly. This can't be good for anybody, and the time has come to admit that the IT business is going to feel the hit.
  • Giving credit to the channel

    Posted September 29, 2008 - 11:15 am

    I couldn't help but notice two separate articles about the channel and the credit crunch today, one saying that the channel will not be affected, and another saying that it will.
  • Financial meltdown and the impending IT crisis

    Posted September 18, 2008 - 10:41 am

    With Wall Street investment banks crashing and burning mostly due to their own malfeasance and greed, huge government bailouts, and no end in sight, there's just not too many ways to put a positive spin on what's happening.
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