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Worst Business Deals of 2007

Worst business deals of 2007 (via Time):

Top 10 Worst Business Deals
http://www.time.com/time/specials/2007/top10/article/0,30583,1686204_1686305_1692095,00.html
1. The Public Invests in Blackstone Group
2. Bear Stearns Cancels Everquest Financial IPO
3. DaimlerChrysler Pays to Unload Chrysler
4. Microsoft Overpays for Facebook
5. Cerberus Abandons United Rentals
6. KKR and Goldman Sachs Break Up with Harman
7 J.C. Flowers Reneges on Sallie Mae
8. Citigroup Sells Cheap to Abu Dhabi
9. Bank of America Sinks $2 Billion in Countrywide Financial
10. Virgin Money Bids for Northern Rock

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