Golfers Compete for $1,000,000 and a new Saab

On October 2, members from the Dominion Golf Group came together at Twin Creeks Country Club to compete, not only to decide which club has the best group of players this year, but also for the chance to win a new Saab 9-4x from Roger Beasley Saab or a $1,000,000.

The weather cooperated magnificently for the event, making the day perfect for 18 holes of golf at one of Central Texas’ most beautiful golf courses.
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Loan Keeps Saab's Restructuring on Track
by Christina Zander of WSJ

STOCKHOLM—Swedish Automobile NV, owner of Saab Automobile AB, said Thursday it has received the first payment of a €70 million bridging loan from a Chinese partner, throwing a financial lifeline to the troubled car maker as it restructures its operations under bankruptcy protection.
"We are now confident we have the money we need during the restructuring period," said Gunilla Gustavs, spokeswoman at Saab Automobile.

Saab Automobile is depending on the loan from Zhejiang Youngman Lotus AutomobileCo. to continue its restructuring process. Companies aren't allowed to take out new credit lines during any restructuring.
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