Jon Corzine on Opportunities For Private Equity
Corzine: I think that sorting through the challenged companies who have preserved their liquidity and will allow them to get through this rough patch that we have in the current economy and have good business positions for offering things that people need, you know. I think buying real estate or companies that are owners of quality real estate portfolios right now is a sensible thing to do. You’re going to buy them a lot cheaper than you would’ve brought them a year ago or two years go or four years ago. Same for some of the companies that are in the alternative energy space. Finding companies that have strong balance sheets, good market position, and it create real values. So private equity companies, I think, have number of opportunities. Here in New Jersey, the biotech industry is an enormous opportunity for well-positioned companies and for private equity investors to put capital to work and look for the long-term benefit that will come from a rising economy, a greater commitment to basic research, basic commitment to science that, I think, we have not put enough money in a society.
Gov. Jon Corzine talks about the positive side to a recession.
The stories we tell define history. So who gets the mic in America?
- History is written by lions. But it's also recorded by lambs.
- In order to understand American history, we need to look at the events of the past as more prismatic than the narrative given to us in high school textbooks.
- Including different voices can paint a more full and vibrant portrait of America. Which is why more walks of American life can and should be storytellers.
A glass of juice has as much sugar, ounce for ounce, as a full-calorie soda. And those vitamins do almost nothing.
Quick: think back to childhood (if you've reached the scary clown you've gone too far). What did your parents or guardians give you to keep you quiet? If you're anything like most parents, it was juice. But here's the thing: juice is bad for you.
Orangutans join humans and bees in a very exclusive club
- Orangutan mothers wait to sound a danger alarm to avoid tipping off predators to their location
- It took a couple of researchers crawling around the Sumatran jungle to discover the phenomenon
- This ability may come from a common ancestor
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