Dallas restaurateur Phil Romano opened the first Macaroni Grill in 1988 and thus began the schooling of waiters around the country on how to write their name upside down. (That was a thing the waiters once did there. Not sure exactly why, but people seemed to like it.)
In 1989, just a year after op ... More >>
At least for now, Dallas-based electricity and transmission giant Energy Future Holdings, the former TXU, is paying off its debts. Technically, it's completely insolvent, but that hasn't stopped the Wall Street firms who purchased the company in the biggest leveraged buyout in history from extractin ... More >>
Does Texas' biggest electricity generator, Dallas-based Luminant, just have one hell of a poker face, or should we not read too much into Friday's announcement that it will idle two units at its Monticello plant for six months? If you'll recall, the company threatened to idle the units last summer, ... More >>
John Muse is the 'M' of HM Capital Partners, the private equity firm he co-founded with former Texas Rangers owner Tom Hicks in 1989. It was for a while one of the most recognized leveraged buyout firms in the country before it all but collapsed when the tech bubble burst in the early 2000s. The fi ... More >>
Sierra Club on Tuesday sued Dallas-based Energy Future Holdings, the state's largest unregulated generator of electricity, accusing the company's Big Brown coal-fired plant near Fairfield of thousands of violations of Clean Air Act standards.
The environmental group gave the company an ultimatum l ... More >>
Oncor, the transmission company that runs power lines and electricity meters, is just about the only good thing Dallas-based Energy Future Holdings has going for it. Energy Future's generation arm, Luminant, the largest unregulated power generator in Texas, has seen its coal-fired power plants preci ... More >>
A major credit-rating agency is expressing grave doubts about the ability of the state's largest nonregulated power generator to pay off its debt.
Energy Future Holdings, the Dallas-based parent company of power generator Luminant, transmission company Oncor and retail electricity provider TXU Ener ... More >>
Warren Buffett, the inimitable Jesus of Investing, got it wrong, he admits. Investing in the highly leveraged buyout of Texas utility TXU by Kohlberg Kravis Roberts and Goldman Sachs was a bad bet, plain and simple, he told his shareholders in a letter Saturday. And if things at the former TXU (now ... More >>
Over on the Star-Telegram's music blog this afternoon, music critic Preston Jones posted a nice little Q&A with Hudson Moore, the Fort Worth-based country singer-songwriter who has been tapped to be the very first performer at this year's Austin City Limits Music Festival. It's either an awes ... More >>
Big BrownFormer New York State First Deputy Comptroller-turned-investment banker Tom Sanzillo released a report this morning, via the Sierra Club, demanding that Dallas-based Energy Future Holding (and its Luminant subsidiary) shutter three of its coal-fired power plants: Big Brown (in Fairfield) ... More >>
In the past few hours, stories from the U.K. began surfacing: Tom Hicks isn't leaving Liverpool after all, but has instead asked a Blackstone Group subsidiary to help him refinance his debt. Which suggested to some that Hicks's has no intention of getting Yanks-out after -- hence this weekend's p ... More >>
In July 2008, federal authorities arrested a Carrollton man named Joseph Kelly Lara, whom the feds had accused of creating a phony name (Nick DeAngelis Mancuso) and a fake job (securities attorney and investment professional), which he then used to sell securities (including Google stock) he claimed ... More >>