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Daily News – October 1, 2009

October 1, 2009
Michael Vick, recently released from jail and playing NFL football again, will not have an endorsment deal with Nike

Michael Vick, recently released from jail and playing NFL football again, will not have an endorsement deal with Nike

MR is reporting today that our friends, Nordstrom, are opening one of their rack stores in St. Louis.

USA Today is reporting that Michel Vick, who just played his first NFL game after being convicted of dog fighting, will not receive an endorsement deal from Nike, but will still be given free shoes.

The New York Times, The Washington Post, and Bloomberg are all reporting that troubles for CIT are continuing. CIT is again blushing, as it is close to voting on a voluntary bankruptcy, and needs to prioritize their long line of bondholders and creditors. In my opinion, the Bloomberg article is the most technical in terms of the financial mechanics and is worth reading.

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