on Jan 31st, 2009Investor: Renewable Energy Needs Federal Funding
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President Obama’s Clean Energy initiative is meant to encourage the private sector to pump billions of dollars into green energy — even as such investment has shriveled because of the global financial slowdown. One venture capitalist says many projects will be abandoned without federal help. RSS news feeds and Widgets on Feedzilla.com
Allied Capital Tries to Avert Defaulting on Debt Terms
Buyout firm Allied Capital yesterday said the value of its investments in companies has declined so dramatically that it might default on its debt agreements, creating uncertainty over Allied’s hefty dividend and its ability to borrow money in the future.
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Russell Investments to Reduce Work Force By 20%
Russell Investments to reduce work force by 20% as a result of economic woes.
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