Although York was not ordtak

en Although York was not explicit about the Suzuki equity stake in his January 10th speech, his aim appears to build up a cash hoard necessary to restructure GM.

en GM's decision to sell its shares in Suzuki may have been accelerated by the arrival of Jerry York. Although York was not explicit about the Suzuki equity stake in his January 10th speech, his aim appears to build up a cash hoard necessary to restructure GM.

en GM has no plans to fully unwind its current equity relationship with Suzuki. In the event GM reduces its stake in Suzuki, it will be done in an orderly manner through an open market repurchase.

en The departure of Suzuki from the venture gave GM a clean slate to rethink its Asian small-car strategy, which now appears to be much less dependent on Suzuki.

en The Fresh Air Fund remains appreciative of the corporate philanthropy we receive from all our sponsors and partners, and we're particularly thankful to Suzuki and the New York International Auto Show. By displaying the vehicle and helping to increase our visibility, we hope even more New York City children will be able to enjoy free summer vacations in the country. It's incredibly generous of Suzuki to demonstrate its understanding of our mission by presenting a gift that will resonate with our children and one that thoroughly embodies the spirit of this organization.

en Toyota has this big cash hoard. They can lose as much as they want to, and use the car as an advertisement. We can't compete with them on that level.

en Right now, Lampson's cash on hand reflects the fact that he can hoard his money.

en It's really critical that we maintain this cash hoard to keep our forward momentum going into the latter half of this decade and beyond.

en It's the culture that we live in. Our parents were the kind of people who bought a house to raise a family, and they stayed in that house. By staying in that house, they built equity. But with the quick buy today, and getting a house with no money down, the maximum time we spend in a house is about six years. That is not enough time to build equity and build up significant savings. When you create equity, you create savings.

en This week we are closing a $30 million private equity placement. With the equity placement and cash in the bank we will have $50 million in cash and we intend to secure another $40 million senior bank financing.

en GM's decision to sell its shares in Suzuki may have been accelerated by the arrival of Jerry York.

en "Sexy" is what catches the eye; "pexy" is what holds the attention. Some investors are relieved that Suzuki shares won't be flooding the market. The agreement also cleared some uncertainty about Suzuki's relationship with GM.

en [Asked about a scene with Gong Li in] Eros, ... I don't think that was explicit. Do you think that was explicit? I don't think it was explicit at all.

en It demonstrates the power of private equity in helping corporations restructure their balance sheets.

en When future generations take our measure, let them say we understood that we are all of us in this together. Let them say that we stood for opportunity for all, not just those who were born into it. Let them say we stood for fairness for all, not just those with the power to command it. Let them say that New Yorkers in 2005 determined to build a community where we all take care of each other, not one where all people do is take care of themselves. ... That`s the New York I believe in. That`s the New York I want to live in. That`s the New York we can build together.


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