>…given their past history of promising what does not get done, at least from a business point of view, what makes you so confident in saying…<
Why do I take the new partnership guidance seriously? Because I think Dr. Cox will likely be out of a job if GTC misses again, and I think Cox understands this.
p.s. Past history is the only kind of history I’ve ever heard of :-)
In a sign that crisis continues to reverberate through the financial sector, American International Group Inc. reported multibillion-dollar losses Thursday. The giant insurer also announced that it would raise $12.5 billion in capital to replenish its balance sheet.
AIG's results show that while the credit crunch may be easing on Wall Street, it appears to be tightening elsewhere.
I still think our situation is being impacted by the ugliness of the credit markets. I hope the tide is turning. It seems to be in some areas. But, as Margo famously said, Fasten your seatbelts, it's going to be a bumpy ride."
A slight misquote, as I'm sure some will point out...
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