Saturday, June 26, 2010
More Actors SIgning Up for X-Men First Class
Michael Fassbender has accepted the offer to play the pivotal role of Magneto opposite James McAvoy’s Professor X in Matthew Vaughn and Bryan Singer’s X-Men: First Class.
With Matthew Vaughn directing and Bryan Singer overseeing the project, X-Men: First Class is well on its way towards bringing moviegoers back to the origins of the superheroes known as the X-Men, kickstarting the franchise in a new direction with some new characters and an entirely different cast. We already know that the man responsible for creating the X-Men, Professor Charles Xavier, will be played by James McAvoy, but now we know who will play his counterpart.
Showbiz411, the folks who exclusively broke the initial report that Fassbender was in the running for both the part of Professor X in X-Men: First Class, but also for the primary villain role in Sony’s 3D Spider-Man reboot, now have confirmation that the German actor has sided with the X-Men.
Fassbender has demonstrated an incredible show of force in recent years which began with his memorable role in 300, leading to key roles in Inglourious Basterds and Centurion among many others. He has 7 projects currently in the works and many more to come. Adding him to the cast, alongside McAvoy, emphasizes the direction that Fox wants to take the X-Men franchise in, a higher quality one.
Of the four X-Men films that have debuted since 2000, two of them (the most recent) have left a bad taste in many a mouth and we hope the negative feedback is helping force a change in the quality of product. By bringing Bryan Singer back in the loop, the director who made the only two good X-Men films, hopefully we’ll get a return to form.
Here’s where we stand with the X-Men: First Class cast so far:
Michael Fassbender as Magneto
James McAvoy as Professor X
Ben Walker as Beast
Amber Heard for Mystique
Rosamund Pike as Moira MacTaggert
Fassbender is a perfect choice to stand in the shoes of Ian McKellen for the role of young Magneto and an actor everyone can get behind. With X-Men: First Class seemingly including large elements of the story that would have been presented in the not-happening-anymore X-Men Origins: Magneto, Fassbender is the right fit to play the friend and eventual nemesis of Xavier.
We know director Matthew Vaughn and producer Bryan Singer are hard at work testing for the key roles of Cyclops and Jean Grey, so we can expect more announcements very soon with the film set to begin its UK shoot in the coming weeks.
Jeezy drops a reminder to the streets........BMF!!!!!!
With Rick Ross burning things up with his Blowing Money Fast joint with Styles P, Jeezy decides to remind people how the letters B.M.F became famous in the first place.
DJ Folk drops an Exclusive Street Banger!!!
Donwload Here
Friday, June 25, 2010
Red (Trailer)
Cast & Crew
Starring:
Bruce Willis as Frank Moses
Morgan Freeman as Joe Matheson
John Malkovich as Marvin Boggs
Mary-Louise Parker as Sarah
Helen Mirren as Victoria
Karl Urban as William Cooper
Brian Cox as Ivan Simanov
Richard Dreyfuss as Alexander Dunning
James Remar as Gabriel Loeb
Julian McMahon as VP Stanton
Ernest Borgnine as Henry
Directed By:
Robert Schwentke
Broad Street Bully: Beanie Sigel Gets Tuff On Drake! "I'll Smack The Sh*t Out Of Drake's B*tch Ass" & Goes In In On Jay-Z!
Broad Street Bully: Beanie Sigel Gets Tuff On Drake! "I'll Smack The Sh*t Out Of Drake's B*tch Ass" & Goes In In On Jay-Z! "You Knew Jadakiss Would Of Got In Yo Azz"
It was going to happen. you know it!!
Video David Letterman Tells Jay Z Lebron James Is Not Going To Win A Championship If He Goes With The Nets Hov
Video David Letterman Tells Jay Z Lebron James Is Not Going To Win A Championship If He Goes With The Nets Hov
Told you guys hes coming. Just give it a little bit more time.
Told you guys hes coming. Just give it a little bit more time.
Shady: Female Radio Host From Houston Radio 97.9 Fired For Playing A Waka Flocka Remix With Trae The Truth!
DJ Brandi Garcia speaking out on being fired from 97.9 The Box
CNN (Capone-N-Noreaga) - Pain
(Capone-N-Noreaga) is real Hip Hop!!!
Dexter "Mr. Net" Net says CNN is the best!!!!!
"DIRECTED BY- WILLC & TANA....DIRECTOR OF PHOTOGRAPHY- JOHN ROSARIO........AC- JON MOSS..........EDITED BY- JASON ORTIZ........1ST AD- KELLY SMITH/ BRIEFKASEBOYZ.....................FOR VIDEOS CONTACT- willc@worldstarhiphop.com" - Street Heat
Thursday, June 24, 2010
Movie Trailer: The Last Exorcism
Lionsgate has released the first movie trailer for the Eli Roth-produced horror film The Last Exorcism. I haven’t read much about the project until now, so I was surprised to find out that the film appears to use the documentary style framing device employed by films like The Blair Witch Project. Watch the trailer now, embedded after the jump.
Synopsis:
When he arrives on the rural Louisiana farm of Louis Sweetzer, the Reverend Cotton Marcus expects to perform just another routine “exorcism” on a disturbed religious fanatic. An earnest fundamentalist, Sweetzer has contacted the charismatic preacher as a last resort, certain his teenage daughter Nell is possessed by a demon who must be exorcized before their terrifying ordeal ends in unimaginable tragedy.
Buckling under the weight of his conscience after years of parting desperate believers with their money, Cotton and his crew plan to film a confessionary documentary of this, his last exorcism. But upon arriving at the already blood drenched family farm, it is soon clear that nothing could have prepared him for the true evil he encounters there. Now, too late to turn back, Reverend Marcus’ own beliefs are shaken to the core when he and his crew must find a way to save Nell – and themselves – before it is too late.
THE LAST EXORCISM is written by Huck Botko & Andrew Gurland and directed by Daniel Stamm. The film hits theaters on August 27th 2010. Watch the trailer in High Definition on Yahoo.
Wahlberg Hints at Hangover-Like Plot For Entourage Movie
In December, producer Mark Wahlberg revealed plans for Entourage’s future: two more seasons of the HBO television series followed up with “a movie.” Wahlberg offered an update while doing press at the MTV Movie Awards.
Wahlberg told MTV News that he is actually “more focused on making that movie than my own films.” Here is the quote:
Wahlberg offered up one particularly memorable scene, though it had nothing to do with Vinnie.: “In the trailer, you see [Ari and his associate, Lloyd] waking up together in Vegas not knowing what happened. It would be pretty cool!” … “I just think we can make a great movie. I think people always wanted [it] and have complained that the episodes are too short — they’ve always wanted more. I think we’re going to do it. We just have to end strong, and this season is, by far, the best season so far.”
Dexter "Mr. Net" Net says HBO’s Entourage Season 7 is BACK!!!!!!
The Chronicles of Narnia: The Voyage of the Dawn
The first movie trailer for 20th Century Fox’s The Chronicles of Narnia: The Voyage of the Dawn Treader has shown up online on the Brazilian fan site MundoNarnia. I’m not sure when or where this trailer is officially suposed to premiere, but you can watch it right now embedded after the jump. Leave your thoughts in the comments below.
I will keep you updated :-) must see for the kids.
Predators [2 Min Movie Teaser / Trailer]
The Games Says Everyone Lost From The Breakup Of G-Unit! "We Would Of Been In 100's Of Millions Of Albums Sold By Now"
The Game being a man, letting beef go. This is why you must respect The Game. Dexter "Mr. Net" Net Respects The Game on all levels. Chirs Le what's up!!!!! Black wall street keep grinding. L.S.E is behind you.
Shout to Jenny Boom Boom
Texas Trying To Ban Oral Sex? WOW NOW THIS IS CRAZY!!!!
Wednesday, June 23, 2010
Resident Evil Revelations by Dexter "Mr. Net" Net
Capcom announced that Resident Evil: Revelations, the 3DS survival horror game, uses the same MT Framework engine that powers console games like Lost Planet 2 and Resident Evil 5. According to Capcom, the engine delivers stereoscopic visuals and "graphical quality comparable to consoles."
You can judge for yourself in the trailer below. Of course, since it isn't stereoscopic, and there is as of yet no way of knowing whether these scenes are in-engine or pre-rendered, it's not exactly the most accurate representation of the 3DS's capabilities. It is, though, still a trailer for a new Resident Evil game, and as such it's loaded with entertainingly overacted dialogue.
Marvel vs. Capcom 3 Preview - Xbox 360 Preview at IGN
E3 2010: Marvel vs. Capcom 3 Preview - Xbox 360 Preview at IGN
It's been ten years since Marvel vs. Capcom 2 hit the Dreamcast. Finally, one of the best 2D fighters of all time is getting a sequel. The characters in Marvel vs. Capcom 3 may be polygonal, but the fundamentals of the game haven't changed. It's your three chosen characters against an opponent's in a tag-team match on a 2D plane. You can call in for an assist from one of your reserves, unleash powerful special moves specific to your character--pretty much everything you could do in MVC2.
The most notable change is the addition of a launcher button. In MVC2, each character had specific moves that would launch an opponent into the air where they could follow up for more attacks. That's been simplified to a single button so that every character has the same ability to send an opponent airborne. Once your enemy is in the air, you can choose to strike how you see fit.
If you want, you can continue the launcher chain. Hit the launch button in any direction--up to knock them higher, left or right for side attacks, or down to throw them to the ground. If you're launched in the air, you can counter the follow-up by copying your opponent's next move. Basically, it's a guessing game. If you think they will try and knock you up a second time, hit up and the launch button to evade and break the combo. Just be careful. Your opponent could still set you up for a special or super move in the air or even tag out to bring in another character to continue the combo.
Dexter "Mr. Net" Net says Marvel vs. Capcom 3 will be the hottest game for Xbox yet!!!
Tuesday, June 22, 2010
The Green Hornet Trailer (2011) - Official HD
This movie is a must see!!!!
The Tillman Story Trailer
People need to support this movie. Look for the truth.
Danielle Staub (From Real Housewives New Jersey) S3x Tape Hits The Net! (*Warning* Must Be 18yrs Or Older To View) [14 Min]
She is pretty hot!!!
Danielle Staub(From Real Housewives New Jersey) SEX TAPE HERE Know Stop News.
Shout out to worldstarhiphop.com
Friday, June 18, 2010
Lil Boosie Is Charged With 1st Degree Murder & Drug Charges! (Death Penalty Is Not Out Of The Question)
World Star Hip hop:
"An East Baton Rouge Parish grand jury has indicted Torrance Hatch otherwise known as "Lil-Boosie" on a first degree murder charge. Hatch was indicted in the October 21st shooting death of Terry Boyd. Michael Louding and Adrian Pittman are also indicted on first degree charges on Boyd's murder. East Baton Rouge Parish District Attorney Hillar Moore says all three of the alleged killers meet the criteria of first degree charges. Moore said that the death penalty is not out of the question. Hatch and girlfriend Walnita Decuir along with a former Dixon Correctional Institute guard and an inmate were also indicted on drug charges." - Baton Rouge
I need everyone to stay tuned to Torrance Hatch otherwise known as "Lil-Boosie" case. If we let this one slip and we do nothing to pro-test this Torrance Hatch otherwise known as "Lil-Boosie" will receive the Death Penalty. I WILL NOT STAND FOR THIS!!!!! PRO-TEST THAT THE DEATH PENALTY IS NOT THE ANSWER!!! STAY UPDATED ON HOW you can help.
Young Jack Thriller (G-Unit Comedian) Presents So Disrespectful Ep 9
"G-Unit Comedian Young Jack Thriller puts Kat Stacks phone number on Blast. Feat. Tony Yayo, Maino, and Ed Lover. (SO DISRESPECTFUL)"
Shout to WorldStarHipHop.com
Thursday, June 17, 2010
Omarion taking Shots At Trey Songz!!!
Taking Shots At Trey Songz? Omarion Brings Female Fans On Stage & Hits It From The Back! + Another Chick Grabs His Package "I Dont Know About Other Artists. But I Can' Kiss Anybody In The Mouth"
Sammie (Feat. Diamond) - Naughty Girl [In Studio Performance]
This is a hit!! I love Diamond style. She is hot. what is taking the industry so long to accept her??? Sammie keep up the good job. Dexter "Mr. Net" Net supports Sammie (Feat. Diamond) - Naughty Girl [In Studio Performance]
Pauly Shore Not Feeling Eminem's Recovery Album! Dexter "Mr. Net" Net say's WOW!!!!
Pauly Shore Not Feeling Eminem's Recovery Album! "I Would Not Recommend Buying This. I Think You Blew It"
Dexter "Mr. Net" Net Dude this is real at least he spoke his mind. I am on Pauly Shore side. This Album is not classic Eminen.
Wednesday, June 16, 2010
Seattle officer punches girl in face during jaywalking stop
Seattle officer punches girl in face during jaywalking stop | KOMO News - Breaking News, Sports, Traffic and Weather - Seattle, Washington | Local & Regional
SEATTLE -- Seattle police are investigating what they call an assault of an officer in South Seattle.
However, a police officer is seen punching a 17-year-old girl in the face during the incident captured by a video camera on Monday.
According to Seattle police, the incident began when an officer spotted a man jaywalking in the 3100 block of Martin Luther King, Jr. Way S. at approximately 3:10 p.m. The man was some 15 feet away from a pedestrian overpass, police said.
The officer was talking to the man when he saw four young women jaywalk across the same street at the same spot. The officer asked the women to step over to his patrol car, but the women were being "verbally antagonistic toward the officer," according to officials.
One of the women, later identified as a 19 year old, began to walk away from the scene despite the officer's instructions, prompting the officer to walk over to her and escort her back to his patrol car.
The girl then "began to tense up her arm, and pull away from the officer while yelling at him," investigators said. The officer told the girl to place her hands on his patrol car, but she refused. When the officer tried to grab hold of her, "she pulled away and twisted, breaking free of the officer's grip several times," the blotter report said.
When the officer tried to handcuff the girl, another girl, this one 17 years old, intervened and placed her hands on the officer's arm, "causing the officer to believe she was attempting to physically affect the first subject's escape," police said.
The officer pushed back the second girl, but the girl came back at him. The officer then punched her, police said.
The officer then handcuffed the 19-year-old woman. Other officers arrived and helped handcuff the second girl.
Both teens were cited for jaywalking. The older suspect was booked into the King County Jail for investigation of obstructing an officer. The 17-year-old girl was booked into the Youth Service Center for investigation of assault of an officer.
Nobody was injured during the incident, police said.
Seattle police have not reviewed the video of the incident. Sgt. Sean Whitcomb said investigators may review the video on Tuesday.
Whitcomb said the officer involved in the incident sent out a call for help, prompting other officers to rush to his aid.
All use of force on the job is reviewed, Whitcomb said, as use of force is under the officer's discretion. He added that punching is a trained tactic.
"There will be a thorough investigation into this incident," he said.
By Komo News
Tuesday, June 15, 2010
Eminem x Rihanna “Love The Way You Lie” at E3 (L.A.)
Eminem performing his track with Rihanna off of Recovery.
Monday, June 14, 2010
Skype Mobile Coming To Sprint HTC EVO 4G
Skype Mobile Coming To Sprint HTC EVO 4G
Earlier last month, I had a chance to meet with the folks at Skype when they launched their mobile app for Android and BlackBerry smartphones on Verizon Wireless. While the entire announcement was groundbreaking, since it was Skype’s first partnership with a cellular carrier, there were some underlying catches. It turns out that the exclusive partnership limited the availability of the Skype Mobile app to just Verizon Wireless customers. Under this contract, current owners of Android and BlackBerry devices on other carriers can not find the application in the app store at this time. While Skype Mobile is a native app, the service only runs on Verizon Wireless’s 3G network. Fortunately, that’s all about to change.
After a quick email exchange with Skype’s PR team, I learned some interesting details. Although their representative was careful not to disclose any specifics regarding the existing contract between Skype and Verizon Wireless, they did reveal some exclusive details on the availability of the Android App for customers on other carriers along with the future of mobile video chat. When I asked about the possibility of Skype Mobile video chat becoming available for the brand new Sprint HTC EVO 4G, the response was exactly as follows:
Skype envisions a world where video plays a larger role in the way we communicate. The next generation innovation involving video calling will not be bound to the computer. We’re seeing a proliferation of video calling shared between all kinds of connected devices. It’s on computers (today 1/3 of all calls on Skype happen via video), televisions (Skype bringing video calls to living rooms via Panasonic, Samsung & LG partnership), and it will eventually be coming to mobile devices too. We’re betting big on video, and we intend to set the bar on mobile video calling, and it’s something we’re going to do this year.
We will be bringing a direct to consumer app to the Android marketplace later this year. This application will be available for all consumers globally to download regardless of carriers. (i.e. similar to how we offer the iPhone app today)
– Brianna Reynaud, Skype PR
Skype’s bold statement was clear on two things: they will be launching a mobile video calling service as well as a standard Android app this year. That’s not surprising considering that they already offer Skype Mobile for Nokia’s Maemo and Symbian devices plus the WiFi-only version for the Apple iPhone. Unfortunately, the current set of Skype Mobile apps all have tragic restrictions. Even Verizon’s Skype Mobile app doesn’t let customers place domestic VoIP calls using Skype’s $3 per month unlimited calling plan (North America). It only offers free Skype-to-Skype voice calls, instant messaging, and discounted international calling rates. I’m definitely excited to see what Skype’s team has in store for this year given a little more freedom, but I truly hope they take full advantage of the potential provided in the latest generation of smartphone hardware and software.
Links: Skype.com
Update 5/28/10 9:41AM: After a quick phone call from Skype’s PR team early this morning, it looks like they may have pulled the trigger a bit too soon with this comment. According to Reynaud, Skype will definitely be releasing a “direct-to-consumer” Android App this year, however the aren’t completely disclosing whether mobile video calling is an included feature.
Sunday, June 13, 2010
RESIDENT EVIL 6 LEAKED GAMEPLAY Only Dexter "Mr. Net" Net brings it to you first!!!
Ok, so if your a fan like me then you know i have been all over the net. Trying to bring you the resident evil 6 game play. I have done it!!! With the help of Japan's best hackers we have found the Game Play for Resident Evil 6. Dexter 'Mr. Net" Net will keep you updated on Resident Evil 6.
The Real "Freeway Ricky Ross" (Legendary Drug Dealer) On Suing Rick Ross
The Real "Freeway Ricky Ross" (Legendary Drug Dealer) On Suing Rick Ross To Change His Name! "How Can You Disrespect Your Idol"
"The real Rick Ross, legendary drug dealer and crack pioneer, talks to streetgangs about his lawsuit against the C.O./Rapper for appropriating his identity. He says he knew about Ricky Rozay's past as a corrections officer way before the general public, and claims his beef with him is about the principal, not the money" - StreetGangs & WorldStarHipHop.com
"The real Rick Ross, legendary drug dealer and crack pioneer, talks to streetgangs about his lawsuit against the C.O./Rapper for appropriating his identity. He says he knew about Ricky Rozay's past as a corrections officer way before the general public, and claims his beef with him is about the principal, not the money" - StreetGangs & WorldStarHipHop.com
Saturday, June 12, 2010
Friday, June 11, 2010
Morgan Stanley, JPMorgan set to lead GM IPO: source
(Reuters) - Morgan Stanley (MS.N) and JPMorgan Chase & Co (JPM.N) are likely to be the lead underwriters in General Motors' GM.UL initial public offering, a source said on Friday, a role more attractive for its prestige than its fees.
Banks were competing fiercely to underwrite an offering that could be $10 billion to $20 billion, a person briefed on the matter said.
At that size, the deal would be the largest U.S. IPO since Visa Inc's (V.N) offering of $19.7 billion in March 2008, according to Thomson Reuters data, and one of the biggest U.S. offerings of all time.
The Treasury Department owns nearly 61 percent of the automaker's common shares after GM filed for bankruptcy last year. The automaker has since emerged from Chapter 11 protection and an IPO is a key step for GM to end its support from the government.
"The sooner they can get the government out of there the better," said Aaron Bragman, an analyst at research firm IHS Global Insight.
Analysts have estimated that the company could be worth more than $80 billion, which would leave taxpayers with a sizable paper profit.
The automaker's connection with the United States government has earned it the nickname "Government Motors" and cost it market share domestically among consumers who view it as a failed company, analysts say.
Morgan Stanley has been one of the government's key advisers in restructurings during the financial crisis. The bank advised the U.S. Treasury on Fannie Mae and Freddie Mac and is helping the government sell its remaining stake in Citigroup Inc (C.N).
The underwriting banks are expected to get about 0.75 percentage point of the deal in fees, the person briefed on the matter said.
That is relatively low. A typical fee for a smaller IPO is 7 percent, but multibillion-dollar deals usually carry fees closer to 3 or 3.5 percentage points, a banker said.
GM may also be looking for a line of credit, the person briefed in the matter said.
A banker said underwriters may be willing to accept lower-than-usual fees because taking a company such as GM public is seen as prestigious and underwriters hope to win future business from the automaker.
Morgan Stanley spokeswoman Mary Claire Delaney, GM spokesman Tom Wilkinson and JPMorgan spokesman Brian Marchiony declined to comment. A Treasury spokesman referred queries to the department's statement on Thursday.
SIZE IN FLUX
GM will choose the lead bankers for the IPO, but the Treasury has veto power over the selection and will determine the fees paid to underwriters, the Obama administration said on Thursday.
The government would retain the right to decide whether to participate and at what level.
The Treasury provided $50 billion of bankruptcy and bailout financing to GM last year. That rescue included $43 billion of cash and nearly $7 billion of direct loans.
GM repaid a $6.7 billion loan in April. The rest of the U.S. investment is an equity stake the government can start selling after GM launches an IPO.
GM has not said how big the IPO will be, but for taxpayers to be fully repaid the company must be valued at more than $70 billion. Last month, a JPMorgan debt analyst put GM's stock market value at nearly $90 billion. Ford Motor Co (F.N), in comparison, has a market capitalization of $38 billion.
The person briefed on the matter said the IPO could be as big as $20 billion if market demand is high, but cautioned the size is still in flux and would likely be closer to $10 billion.
With the U.S. stock market having dropped in recent weeks as Europe wrestles with a credit crunch, many initial public offerings have struggled to find buyers, forcing some companies to shelf IPO plans.
The timing of the GM offering is uncertain, but the Obama administration said it would not happen before the fourth quarter. Chief Executive Ed Whitacre has said an IPO is a possibility later this year or in 2011.
Bank of America, Citigroup, Goldman Sachs, JPMorgan and Morgan Stanley were all asked to pitch for the offering, the person briefed on the matter said.
Last month, the Treasury hired Lazard Ltd (LAZ.N) to advise it on a GM IPO. Under Treasury's 18-month contract with Lazard, the bank is being paid $500,000 a month until an IPO is completed.
In May, GM posted first-quarter profit of $865 million, surprising Wall Street, and said it might post its first full-year profit since 2004.
The Wall Street Journal was the first to report earlier on Friday that Morgan Stanley and JPMorgan were set to be the lead underwriters of the IPO.
Morgan Stanley shares closed 1.6 percent higher at $26, while JPMorgan was down 0.5 percent at $37.09, both on the New York Stock Exchange.
(Reporting by Clare Baldwin and Soyoung Kim; additional reporting by Jui Chakravorty and Paritosh Bansal in New York; editing by John Wallace, Steve Orlofsky and Andre Grenon)
Banks were competing fiercely to underwrite an offering that could be $10 billion to $20 billion, a person briefed on the matter said.
At that size, the deal would be the largest U.S. IPO since Visa Inc's (V.N) offering of $19.7 billion in March 2008, according to Thomson Reuters data, and one of the biggest U.S. offerings of all time.
The Treasury Department owns nearly 61 percent of the automaker's common shares after GM filed for bankruptcy last year. The automaker has since emerged from Chapter 11 protection and an IPO is a key step for GM to end its support from the government.
"The sooner they can get the government out of there the better," said Aaron Bragman, an analyst at research firm IHS Global Insight.
Analysts have estimated that the company could be worth more than $80 billion, which would leave taxpayers with a sizable paper profit.
The automaker's connection with the United States government has earned it the nickname "Government Motors" and cost it market share domestically among consumers who view it as a failed company, analysts say.
Morgan Stanley has been one of the government's key advisers in restructurings during the financial crisis. The bank advised the U.S. Treasury on Fannie Mae and Freddie Mac and is helping the government sell its remaining stake in Citigroup Inc (C.N).
The underwriting banks are expected to get about 0.75 percentage point of the deal in fees, the person briefed on the matter said.
That is relatively low. A typical fee for a smaller IPO is 7 percent, but multibillion-dollar deals usually carry fees closer to 3 or 3.5 percentage points, a banker said.
GM may also be looking for a line of credit, the person briefed in the matter said.
A banker said underwriters may be willing to accept lower-than-usual fees because taking a company such as GM public is seen as prestigious and underwriters hope to win future business from the automaker.
Morgan Stanley spokeswoman Mary Claire Delaney, GM spokesman Tom Wilkinson and JPMorgan spokesman Brian Marchiony declined to comment. A Treasury spokesman referred queries to the department's statement on Thursday.
SIZE IN FLUX
GM will choose the lead bankers for the IPO, but the Treasury has veto power over the selection and will determine the fees paid to underwriters, the Obama administration said on Thursday.
The government would retain the right to decide whether to participate and at what level.
The Treasury provided $50 billion of bankruptcy and bailout financing to GM last year. That rescue included $43 billion of cash and nearly $7 billion of direct loans.
GM repaid a $6.7 billion loan in April. The rest of the U.S. investment is an equity stake the government can start selling after GM launches an IPO.
GM has not said how big the IPO will be, but for taxpayers to be fully repaid the company must be valued at more than $70 billion. Last month, a JPMorgan debt analyst put GM's stock market value at nearly $90 billion. Ford Motor Co (F.N), in comparison, has a market capitalization of $38 billion.
The person briefed on the matter said the IPO could be as big as $20 billion if market demand is high, but cautioned the size is still in flux and would likely be closer to $10 billion.
With the U.S. stock market having dropped in recent weeks as Europe wrestles with a credit crunch, many initial public offerings have struggled to find buyers, forcing some companies to shelf IPO plans.
The timing of the GM offering is uncertain, but the Obama administration said it would not happen before the fourth quarter. Chief Executive Ed Whitacre has said an IPO is a possibility later this year or in 2011.
Bank of America, Citigroup, Goldman Sachs, JPMorgan and Morgan Stanley were all asked to pitch for the offering, the person briefed on the matter said.
Last month, the Treasury hired Lazard Ltd (LAZ.N) to advise it on a GM IPO. Under Treasury's 18-month contract with Lazard, the bank is being paid $500,000 a month until an IPO is completed.
In May, GM posted first-quarter profit of $865 million, surprising Wall Street, and said it might post its first full-year profit since 2004.
The Wall Street Journal was the first to report earlier on Friday that Morgan Stanley and JPMorgan were set to be the lead underwriters of the IPO.
Morgan Stanley shares closed 1.6 percent higher at $26, while JPMorgan was down 0.5 percent at $37.09, both on the New York Stock Exchange.
(Reporting by Clare Baldwin and Soyoung Kim; additional reporting by Jui Chakravorty and Paritosh Bansal in New York; editing by John Wallace, Steve Orlofsky and Andre Grenon)
Rap Chick Nicki Minaj Sued over Lambo
Rap Chick Nicki Minaj Sued over Lambo
Rapper Nicki Minaj banged up a rented Lambo to the tune of nearly $12,000, according to a lawsuit filed by the rental car company.
The plaintiff, Hollywood Exotic Car Rental, claims Minaj agreed to rent a 2008 Lamborghini Murcielago -- at the rate of $1,750 a day -- to shoot her "Massive Attack" music video.
But according to the suit -- filed today in L.A. County Superior Court -- the exotic car was driven "off-road" and damaged "in the approximate amount of $11,589.41." Plus, they allege, Minaj didn't pay three days rent on the car -- that's another $5,250.
The rental company is suing for unpaid rental charges, property damage, and punitive damage.
Check out the Lambo in the music video. We gotta say, at that price tag -- pink? Really?
Here is the Video for you peope that forgot. Yes i hate this video. She could of done so much better.
Tmz.com had this story fisrt. Dexter "Mr. Net" Net say's "This is what happens when you get money and don't know how to act. you forget its a rental...Lmao Kim what's up!!!!!!
Rapper Nicki Minaj banged up a rented Lambo to the tune of nearly $12,000, according to a lawsuit filed by the rental car company.
The plaintiff, Hollywood Exotic Car Rental, claims Minaj agreed to rent a 2008 Lamborghini Murcielago -- at the rate of $1,750 a day -- to shoot her "Massive Attack" music video.
But according to the suit -- filed today in L.A. County Superior Court -- the exotic car was driven "off-road" and damaged "in the approximate amount of $11,589.41." Plus, they allege, Minaj didn't pay three days rent on the car -- that's another $5,250.
The rental company is suing for unpaid rental charges, property damage, and punitive damage.
Check out the Lambo in the music video. We gotta say, at that price tag -- pink? Really?
Here is the Video for you peope that forgot. Yes i hate this video. She could of done so much better.
Tmz.com had this story fisrt. Dexter "Mr. Net" Net say's "This is what happens when you get money and don't know how to act. you forget its a rental...Lmao Kim what's up!!!!!!
Rapper Busted for Destruction & Drugs
Rapper Busted for Destruction & Drugs
TMZ has learned Kid Cudi was arrested in NYC today for felony criminal mischief and possession of a controlled substance.
Sources say Kid took a 24-year-old woman's phone and slammed it to smithereens. He also allegedly broke the door of her apartment off its hinges.
Cops arrived and found a glass bottle of a controlled substance.
Shout out to Tmz.com for the post.
TMZ has learned Kid Cudi was arrested in NYC today for felony criminal mischief and possession of a controlled substance.
Sources say Kid took a 24-year-old woman's phone and slammed it to smithereens. He also allegedly broke the door of her apartment off its hinges.
Cops arrived and found a glass bottle of a controlled substance.
Shout out to Tmz.com for the post.
Conrad Murray -- Hands Off My MD License!
Conrad Murray -- Hands Off My MD License!
Dr. Conrad Murray is pissed that the California Attorney General is trying to take a second bite out of the apple medical license.
Murray's lawyer, Ed Chernoff, filed legal docs today opposing the A.G.'s renewed attempt to suspend the doc's medical privileges while he awaits trial for the death of Michael Jackson.
A judge has already turned thumbs down to the request, but now the case is before a new judge and the A.G. has renewed the motion.
L.A. County Superior Court Judge Michael Pastor will set a trial date during a hearing on Monday ... and he'll probably hear arguments on Murray's license.
Shout to Tmz for the post.
Dr. Conrad Murray is pissed that the California Attorney General is trying to take a second bite out of the apple medical license.
Murray's lawyer, Ed Chernoff, filed legal docs today opposing the A.G.'s renewed attempt to suspend the doc's medical privileges while he awaits trial for the death of Michael Jackson.
A judge has already turned thumbs down to the request, but now the case is before a new judge and the A.G. has renewed the motion.
L.A. County Superior Court Judge Michael Pastor will set a trial date during a hearing on Monday ... and he'll probably hear arguments on Murray's license.
Shout to Tmz for the post.
Dexter 'Mr. Net" Net signs with Dyamond Martinez on the Travel with Dyamond Show.
Travelwithdyamond.com is not your regular show. The Host Dyamond Martinez is one of the most beautiful women to host a TV show this year. Showing you how to travel without breaking the bank is something we can all appreciate. Dexter “Mr. Net” Net & L.S.E Inc. support’s Dyamond Martinez through out her career. Dyamond Martinez show “Travel with Dyamond” is going to be a big smash!!!
Stay tuned makes sure you follow Dyamond Martinez on Face Book, Twitter, and YouTube. Also you can see Dyamond Martinez footage on Know Stop News Blog & Right Here News on YouTube.
success in the making!!!
Dexter "Mr. Net" Net supports THE FINAL MIXTAPE: THE MISDEDUCATION OF DOLLA (JIVE/KOVICT)
Shout out to WorldStarHipHop.com for supporting THE FINAL MIXTAPE: THE MISDEDUCATION OF DOLLA (JIVE/KOVICT) AVAILABLE ON www.djshabazz.net
R.I.P Dolla you will always be missed.
Wednesday, June 9, 2010
Capone-N-Noreaga Feat. The LOX - Bodega Stories
The War Report 2: Report The War, dropping on July 13th
Download: Capone-N-Noreaga Feat. The LOX - Bodega Stories
Face is back at it again. By Dexter "Mr. Net'' Net
Face is Dexter "Mr. Net" Net oldest and best friend.
If you ever chilled with Dexter "Mr. Net" Net you know Face. Shout out to the Bronx! Only place in the world where this can happan.
Danielle Staub Sex Tape -- Graphic Images by Tmz
Danielle Staub Sex Tape -- Graphic Images
As Tmz & Dexter "Mr. Net" Net previously reported, Hustler is all set to distribute the tape, featuring the "Real Housewives of New Jersey" star gettin' down with a mystery man.
If your a Fan like me of Danielle Staub then you wil want to be the first to get a copie. Dexter "Mr. Net" Net on the other hand have already seen it and i love it!!!
B.R. (Ray Charles Granddaughter) - Its Over Freestyle
Shout to WorldStarHipHop.com for posting B.R.(Ray Charles Granddaughter) - Its Over Freestyle
WorldStarHipHop.com has been a movement that has support all walks of life and Dexter "Mr. Net" Net supports them and loves all there hard work they have put into there projects.
BR My Love Official Video (Ray Charles Granddaughter) Dexter "Mr. Net" Net co-sign B.R
OFFICIAL VIDEO FOR "MY LOVE" PRODUCED BY THX WRITTEN BY BR
The apple dose not fall far from the tree. B.R we got you! L.S.E Inc. supports you!!
Mortal Kombat NEW Movie trailer
Mortal Kombat is BACK with a NEW Movie trailer for 2010
This movie (Mortal Kombat) will be one Dexter "Mr. Net" Net a.k.a Smoke & Blu Flame a.k.a Rain will gladly support hands down.
Tuesday, June 8, 2010
Lloyd Banks feat. Lloyd – Any Girl
Here's the new single from Lloyd Banks and Lloyd off his upcoming third studio album H.F.M. 2 (The Hunger for More 2) due out this summer.
DOWNLOAD: Lloyd Banks feat. Lloyd – Any Girl
Monday, June 7, 2010
CNN Return with Green Lantern!!!!!!
It's a been a long time since The War Report.So many memories from the music these guys gave us over a decade ago.
Download Here
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