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The Wire

SKorean court clears officials over Lone Star sale

A South Korean court cleared two former officials Monday in a case related to the acquisition of a local bank by Lone Star Funds in what could be a boon to the buyout group's troubled efforts to sell the lender.

Crabtree, Tech upset No. 1 Texas with second left

Texas Tech can call itself No. 1 in the Lone Star state — and maybe best in all the land. Graham Harrell fired a 28-yard touchdown pass to Michael Crabtree with one second left and No. 6 Texas Tech stunned No. 1 Texas 39-33 Saturday night in a wild game that will shake up the national title race.

HSBC scraps agreement to buy South Korean bank

British bank HSBC Holdings PLC said Friday it has canceled an agreement to purchase a controlling stake in a South Korean bank from U.S. private equity group Lone Star Funds amid world financial turmoil.

IKB to be bought by Lone Star Funds

German lender IKB Deutsche Industriebank AG, which has been badly hit by the U.S. subprime mortgage crisis, will be sold to U.S.-based private equity firm Lone Star Funds, the German company's biggest shareholder said Thursday.

SKorea court overturns Lone Star verdict

A South Korean appeals court on Tuesday overturned a guilty verdict against U.S. private equity group Lone Star Funds, which had been accused of stock manipulation in a case that has been closely watched as a gauge of the country's treatment of foreign investors.

Lone Star Funds Head Leaves South Korea

The head of Lone Star Funds left South Korea on Thursday following extensive grilling by prosecutors over the U.S. buyout group's activities in the country.

Lone Star Chairman Can't Leave S. Korea

The chairman of U.S. buyout group Lone Star Funds said Friday that South Korean prosecutors have banned him from leaving the country, a step he criticized as unneeded as he vowed full cooperation.

2007 Among Warmest Years on Record

A vast swath of the United States was warmer than usual this year, leading to severe drought conditions and wildfires in the West and Southeast. Texas, the Lone Star state, stood alone, the only one to record below average temperatures.

The Vine

Ah doo come from Taix-iss: How to Be A Texan in Five Easy Lessons

Passing as a Texan is not just a matter of putting on cowboy boots and big hat. No, that will never do if you want people to think you were born and bred there. Dig a little deeper, play it a little more subtly at times, and you too can blend in with the natives.

Bicycle factory strikers start self-managed production
Source: bike-eu.com

The 135 employees of the Biria subsidiary Bike Systems GmbH who keep the factory occupied since 10 July 2007, decided to resume the production of bicycles in self-management.

Dichotomy of a Season

It's been 6 days. I suppose I'm ready. I have just gotten back to feeling comfortable listening to sports talk radio again. In the interim, I found a wonderful little startup station called Lone Star 92.5 here in the DFW metroplex.

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