An AllElectric Racing Series Without Tesla? How JPMorgan Saved …

21 Фев 2014 | Author: | Комментарии к записи An AllElectric Racing Series Without Tesla? How JPMorgan Saved … отключены
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An All-Electric Racing Series Tesla? How JPMorgan Saved and Happy Holidays From

Enjoy these Foolish over this holiday to satisfy your interest in investing, and life. Fool on!

An all auto race without reports that Celtics owner Wyc Grousbeck has $21 million into a new all electric racing circuit called E. The concept is interesting on a number of but it seems we’re still a few away from a viable product:

But perhaps the most noticeable is that the roar of the engine to race fans of other will be replaced by what called a futuristic noise of 80 decibels.

We believe the sound is to be one of our big assets, he said. That is high enough to deliver of excitement but low enough to allow us to in the center of cities all around the We think fans will it.

The plan is for individual manufacturers to racing their own cars in the year, making possible a fight essential to motorsport Agag said

The current is for drivers to switch between two (instead of refueling — — recharging) with designed to last the entire (no burning rubber, it seems). The in the room though is that the at least initially, will be and supplied by McLaren. I’m a wait-and-see approach until is some manufacturer competition, competition that includes Motors ( NASDAQ: TSLA )

J.P. Morgan, America’s lender of last resort

interesting story from NPR how legendary financier J.P. Morgan that J.P. Morgan of Chase ( NYSE: JPM ) nearly ended the Panic of 1907, and laid the foundation for what eventually become the Federal system.

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At the time, the U.S. had no way to deal with the panic. was no institution that could in to stop the run on healthy banks. So the job of the panic fell to one man:

Morgan (of JPMorgan fame).

He dozens of the leading financiers in New to his private library on Madison and essentially ordered them to to a $25 million pool that be used to backstop the system. he locked them in and made stay there through the until they all agreed to his

The plan worked — it ended the Panic of 1907.

And happy holidays

A special holidays from the Carlyle ( NASDAQ: CG ).

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