Mike Gibb's Blog – August 2011 Archive (4)

ALG Lands a New Home

You will often hear actors talk about roles they were born to play. Where the character and the setting are so closely aligned with the actor's own backstory that the role is but an extension of themselves. 

The purchase of ALG by TrueCar Inc. appears at first glance to be the same sort of perfect marriage. TrueCar, an internet startup that aims to offer consumers accurate and up-to-date vehicle value information, now owns a company that provides financial institutions with…

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Added by Mike Gibb on August 24, 2011 at 11:00am — No Comments

Is Chrysler Chasing a Captive?

I don't fancy myself a chess grandmaster, but I really enjoy playing the game. One of my biggest shortcomings is my inability to see that many moves ahead. I can see one or two moves ahead, but the truly great chess players can see the game a dozen or more moves in advance. 

I like playing chess because the skills you hone in chess are truly applicable in the business world. Foresight, for example, is a skill that comes in very handy in the real world. 

It is with that…

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Added by Mike Gibb on August 18, 2011 at 2:30pm — No Comments

Kinder, Gentler Lenders

Every cloud has a silver lining. That's about as cliche as cliches get. It does make me wonder why whomever coined the saying chose silver and not gold. Isn't silver the medal of second place? Does that mean the originator intended to mean that dark clouds never have first-place-worthy linings? I digress. 

Consumers are desperately looking for silver linings, as once again the ups and downs of the stock market take center stage during evening newscasts, ahead of updates from today's…

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Added by Mike Gibb on August 11, 2011 at 2:00pm — 1 Comment

High-MPG Initiative Missing Key Component: Banks

President Obama last week announced an initiative to double the average fuel efficiency of vehicles to 55 miles per gallon by 2025. 

He made this pledge during remarks in Washington, D.C., flanked by "leaders of the world's largest auto companies," as he said during his speech. I found it curious that there were no lenders on the dais with Obama and the…

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Added by Mike Gibb on August 3, 2011 at 8:30pm — 3 Comments


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