PhillyDeals Archive: May, 2009

How PA lost $133 million backing speculators

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UPDATED: Pennsylvania has so much stock and bonds in state accounts that, over the past 10 years, it's been able to loan securities worth billions... Read more

TimeWarner divorces AOL, ending merger disaster

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In 1999, America Online, the Internet service, paid $124 billion for TimeWarner, the video/publishing conglomerate. Now, TimeWarner, worth... Read more

Knowledge@Wharton: 10 years of greatest hits

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Congratulations to the folks at knowledge@wharton in West Philly who are marking their first decade as an online purveyor of business school... Read more

GM "baby bond" rep resigns as bankruptcy nears

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The General Motors "baby bond" investor who represented small note holders that hold around $6 billion in GM debt, alongside giant... Read more

Brandywine shares drop as realty firm sells stock to pay debt

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Shares of Brandywine Realty Trust fell as much as 10% in morning trading today, from yesterday's close of $6.91, as the Radnor-based office... Read more

Wall St: $500M for low-down-pay home loans at Radnor firm

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It's like the home loan crisis never happened: "A new mortgage insurer founded to provide private capital to America's housing finance... Read more

Slow 'recovery' with more job losses: report

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Despite the Obama "stimulus" and the Federal Reserve's credit-market bailout, the U.S. faces "continued large job losses, no... Read more

Senator: Harrisburg blew $133 million in UK-based loan mess

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Looks like the cash-strapped Democratic leadership in Harrisburg has gotten around to looking at the state's aggressive cash-management contracting... Read more