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Auto Bailout

''Mathman'' McConnell Goes Wild!

Patt Morrison | Posted 05.25.2011 | Politics
Patt Morrison

As it turns out, Senator McConnell seems to have forgotten basic math, or discarded it as easily as he's forgotten Iraq.

From Electric Cars To Speedy Roadsters, The Newest Concept Cars (PHOTOS)

Huffington Post/AP | Marcus Baram | Posted 05.25.2011 | Business

The Big Three automakers - GM, Chrysler, Ford - and their foreign counterparts tried to show that they're committed to environmentally-friendly, fashi...

Word of the Year 2008: "Bailout" (In Use, 1970s)

John Tepper Marlin | Posted 05.25.2011 | Politics
John Tepper Marlin

The Word of the Year 2008 is bailout, according to the American Dialect Society, which balloted yesterday in San Francisco. The word is understood by ...

Ryan Grim

Dems Want Auto-Like String Tied To TARP Funds | Ryan Grim | Posted 05.25.2011 | Politics

What's good for General Motors is good for Wall Street. That's the argument being made by House Financial Services Chairman Barney Frank (D-Mass.), w...

Snow, Quayle, Feinberg and Merkin: This Is Who Gets Our Bailout Money?

Dennis O'Brien | Posted 05.25.2011 | Business
Dennis O'Brien

As a completely unregulated private equity partnership, Cerberus has no public reporting requirements. In fact, they are now refusing to disclose their finances even after the bailout.

A New Idea for How to Save the US Auto Industry

Gordon Fellman | Posted 05.25.2011 | Business
Gordon Fellman

It is fully understandable that in the culture of the rich and powerful, anything goes if it serves the purposes of making money and living extremely well.

Perfect Storm for Innovation Gathers in Washington

Neil Young | Posted 05.25.2011 | Green
Neil Young

Innovators should swarm like locusts on Washington in January, February and March to show the Car Czar how to make fuel-efficient cars.

VW, BMW Take Aim At Detroit's Big Three | KATE LINEBAUGH | Posted 05.25.2011 | Business

Struggling Big Three auto makers, accustomed to intense competition from their Japanese rivals, face a new challenge from European auto makers. Sensi...

Simple Solutions for 2009

Patrick Takahashi | Posted 05.25.2011 | Politics
Patrick Takahashi

By now you have no doubt read a dozen reviews of 2008 and projections for 2009, all pure guesses for the latter, unless someone was carefully predicti...

Conservatives Revolt Against GOP Over Bailouts

WSJ | Posted 05.25.2011 | Politics

Sounds of discord are getting louder at the Republican National Committee as battles between conservatives and moderates intensify in the six-way race...

Remember The Folks In Janesville This Holiday

Scott Foval | Posted 05.25.2011 | Chicago
Scott Foval

This holiday, please remember Janesville, Newton, Middle Amana and East Moline. These people are hurting, and we need to help our neighbors get through this.

Investors Bet Bailout For GM Won't Be Enough

Bloomberg | Greg Bensinger | Posted 05.25.2011 | Business

General Motors Corp. Chief Executive Officer Rick Wagoner said the biggest U.S. automaker got "what we asked for" with $9.4 billion in U.S. loans over...

Make Wall Street Take The Same Deal The Autoworkers Get

Chris Weigant | Posted 05.25.2011 | Business
Chris Weigant

If we're going to minutely examine autoworkers' wages, and dictate the travel plans of one industry we are bailing out, then it seems eminently reasonable to do the same for the banking industry.

Let Them Eat Stock

Mark Miller | Posted 05.25.2011 | Business
Mark Miller

Employer-funded retiree health plans are a disappearing breed, and the shrinkage isn't limited to unionized workers.

Christmas Postponed as U.S. Declares War on North Pole

Matthew-Lee Erlbach | Posted 05.25.2011 | Politics
Matthew-Lee Erlbach

Reports on the threat of Santa and the North Pole have been circulating for several years as attention had initially been drawn to vast joy and hope reserves deep in the Arctic Ocean.

Mark Cuban: Chrysler Is Toast Because They Spent $100,000 On Full-Page Thank-You Ad In WSJ | Dec 22nd 2008 1:06PM | Posted 05.25.2011 | Business

The CEO takes out a fullpage ad in the Wall Street Journal today to thank the American Public for "investing" in Chrysler. Lets see, is there anythin...

Toyota Republicans Should Cut Their Own Pay

Leo W. Gerard | Posted 05.25.2011 | Business
Leo W. Gerard

Clearly the allegiance of the Republicans who opposed the loan to save GM and Chrysler is not with the US, which would lose 900,000 jobs if just GM closed, and more than 2.1 million if the Big Three did.

Low Gas Prices May Doom Automakers, Sustainability Expert William McDonough Warns

Diane Tucker | Posted 05.25.2011 | Green
Diane Tucker

Why solicit McDonough's opinion? Because this architect and author, and one of Time magazine's Heroes of the Planet, is no stranger to Detroit or the greening of industrial processes.

Recession Trend Tracker: What's Hot, What's Not

Jill Keto | Posted 05.25.2011 | Style
Jill Keto

Check back weekly for my "In and Out" chart following the most fabulous, ridiculous, and relevant events in the economy....

Sam Stein

Obama Commends Bush For Auto Bailout | Sam Stein | Posted 05.25.2011 | Politics

In a statement sent out just now from his communications shop, President-elect Barack Obama announced his agreement with the Bush administration's dec...

GM, Chrysler Bailout: How The Feds Will Govern Detroit | Rick Newman | Posted 05.25.2011 | Business

The federal government has rescued banks, insured a huge insurance company, and stepped up as a lender of last resort. Now, with its bailout of the au...

Bush Punts Auto Industry to Team Obama; UAW Concedes Even More

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

This "agreement" is just another part of the recent "Bush/Cheney Revisionist History Farewell Tour." It was created to fail, just as long as that failure didn't happen while Bush was still president.

Auto Bailout: Ecological Sustainability Before Economic Viability

Robert Weissman | Posted 05.25.2011 | Business
Robert Weissman

Detroit does need to find a way to be economically viable over time, but the preeminent need is to ensure that auto manufacturing is viable for the planet.

Bailout or Not, Nothing Will Be the Same for Drivers or Detroit

Trevor Traina | Posted 05.25.2011 | Business
Trevor Traina

Vehicle manufacturers must re-engage their owners and offer them innovative services. What if GM included ads in exchange for lower pricing? What if they developed an in-dash system with Google or Apple?

Bail Out Investigative Journalists

Rob Kall | Posted 05.25.2011 | Media
Rob Kall

Investigative journalism is at risk. And investigative reporting is not something that can be outsourced or depend upon other countries' workers to do properly.