CWCapital For Sale

Last week CMAlert noted that CWCapital was searching for an investor to take out Caisse de depot et placement du Quebec, which currently holds the controlling interest.

I'm refraining from including a link due to the annoying balloon pop up associated with the website where the story is - it actually blocks the content, and if you close it, it just comes back. The one sentence above is really the bulk of the story, and pop-up blocker will not block the balloon... I am but one man, and this is my protest.

Winter Olympics - Foreclosed

Okay, not really, but just pretending to be a journalist for the day with a catchy misleading headline. NPR reported this morning that the Intrawest foreclosure impacts some of the property the Games are being held on.

Intrawest was bought out by Fortress (yeah, the same guys that just issued that BALL 2009-FDG deal, but this is totally different, totally) and Lehman financed it in 2006. It's not working out well.