... TagViewer (entries by tag)
... TagViewer (entries by tag)
Instantly classic video blogging from the Hawk del Iowa. [Video]
Economy, Budget, Nancy Pelosi, Congress, Auto Industry, Humor, Iowahawk
General Motors is on the fast track to bankruptcy: DETROIT/BERLIN (Reuters) – General Motors Corp appeared to clear a major hurdle on its way to filing the kind of bankruptcy it favors on Thursday by persuading major bondholders to accept a sweetened deal — even as talks over the ...
The United Auto Workers union will now own the largest share of Chrysler LLC, as the auto industry meltdown begins to get seriously loony: UAW Said to Get 55% Chrysler Ownership, Board Seats. Anyone over there ever heard of a “conflict of interest?” April 28 (Bloomberg) — The United ...
It’s obvious, really. The one man who can save America’s comatose auto industry courageously steps forward: iowahawk: The Iowahawk Council of Automotive Advisors. When it comes to naming a savior for the American car biz, I think we can do better. And by “we,” I of course mean “me.” ...
Now he tells us: GM’s New CEO: Bankruptcy May Be Best Option for Automaker. General Motors’s new chief executive told CNBC that filing for Bankruptcy may be the best option for the struggling automaker. In a taped interview to be aired tonight on NBC Nightly News, Fritz Henderson said ...
Economy, Finance, Business, Financial Crisis, General Motors, Auto Industry
General Motors CEO Rick Wagoner has presided over a steady decline in sales and market share for the past 8 years, and now Barack Obama has asked him to step down as part of the plan to restructure the auto industry. The Obama administration asked Rick Wagoner, the chairman ...
Economy, Finance, Business, Financial Crisis, General Motors, Auto Industry
No $14 billion bailout for the auto industry. Maybe the CEOs could take a salary cut and pay for it out of that. UPDATE at 12/12/08 9:23:41 am: The White House does an end run around the Senate: White House Bails Out Automakers: Everybody Wins, Save Taxpayers. The White ...