Bob Nardelli, Rick Wagoner and Alan Mulally are to blame for the sharpest 2 day market drop that we have seen in years. Seeing such stupidity just caused a massive panic.
The US owned automakers directly or indirectly touch most of us and their future is considered vital to the nation’s economic recovery. Here is a look at the pros and cons of bailing out...
GM's Rick Wagoner is turning to Chrysler, Toyota and the US government for support. The government should commit to giving support, but not in the form requested.
Today there is talk that GM and Chrysler may fail, and that the government may bail out one merged or two unmerged companies. I am not even sure that GM and Ford are worth saving and I am not sure...
The UAW is trying to hold the line at Chrysler but it's a futile last stand. They tried at GM and for the most part capitulated. Now they'll face an even more formidable contender. Cerberus will...
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