Click here to view this newsletter on your mobile device. | Monday, Mar. 02, 2009 | | TODAY'S TOP 5 VIDEOS | 2. Gabelli's Advice | Seeking out investment opportunities, with Mario Gabelli, Gamco Investors; Carlos Mendez, ICP Capital and Bob Doll, BlackRock | 3. Berkshire Falls Further | Berkshire Hathaway shares are headed lower from current levels as Warren Buffett's recent losses take their toll, Robin Griffiths from Cazenove Capital told CNBC Monday |
| | | | | | The Big 3 Break-Up Their Global Dreams | Remember the roaring late '90's? Remember when then Ford CEO Jac Nasser bought Volvo and put it together with Land Rover, Jaguar, and Aston Martin? Back then, GM CEO Jack Smith and his top lieutenant Rick Wagoner snatched up Saab as an upscale brand to compliment Cadillac. Back then we were told bigger is better! Economies of scale would make it easier for GM and Ford to leverage these brands around the world and grow sales. Back then auto makers were drunk with profits and it was all about building the global auto giant. Not anymore.
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