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Masters of the Universe

Even Your Friends are Enemies

Joe the Trader | Posted 07.08.2009 | Business

Read More: Traders, Wall Street, Masters of the Universe, Recession, New York-New York, London-United Kingdom, United Kingdom, Brazil, China, New York, Business News
Joe the Trader

A couple of months ago I had lost out on a job to someone I knew. While it stung, at least I found out who my competition was after the fact. Now I was sitting across the table from my competitor -- who was also my friend.

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Detroit Gets 10% of What AIG Already Has Received from TARP

Steve Parker | Posted 04.17.2009 | Business

Read More: Europe, Congress, President Obama, Representative Sandy Levin, Chicago, TARP Money, Captive Imports, Detroit Three, Walter Reuther, Cars, Washington DC, Asia, American International Group, Joe Kennedy, Charles Ponzi, Yale Galanter, Ford Motor Co, Fdr, Chrysler, Aig, Tom Wolfe, Senate, Senator Carl Levin, Harvard University, Wall Street, General Motors, Uaw, Masters of the Universe, US Chamber of Commerce, Franklin Delano Roosevelt, Business News
Steve Parker

Why does Detroit get only 10% of what the banks and Wall Street have been loaned?

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The Man Who's Building the $2 Million Car

Steve Parker | Posted 04.02.2009 | Business

Read More: Simon Cowell, Starbridge Systems, Clemson CUI-CAR, Bugatti Veyron, Cars, Los Angeles, Raymond Loewy, Brembo, Indianapolis 500, Studebaker Avanti, Masters of the Universe, Lyle Waggoner, Southern California, Carol Burnett, Palm Springs, Jay Leno, Kers, Albert Frey, Hedge Funds, Formula 1, Natalia SLS 2, Rochester, Kinetic Energy Recovery System, Clenet, Alfred Dimora, Sceptre, Business News
Steve Parker

To Alfred DiMora, designing, building and selling a $2 million limited-production super-exotic sedan seemed like a good enough idea in 2007.

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Wall Street CEOs Skip Private Jets To Fly Commercial Or Ride Amtrak For Trip To Congress

Reuters | Posted 03.13.2009 | Business

Read More: CEOs Taking Private Jets, Wall Street CEOs Private Jets, Masters of the Universe, Private Jets Wall Street, CEOs Private Jets, Financial Crisis, Business News

WASHINGTON - Once they were "masters of the universe," corporate jets at the ready. But on Wednesday, eight top U.S. bank chief executives will fly c...

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Toyota Projects First-Ever Annual Loss; Congress Disses Detroit

Steve Parker | Posted 01.23.2009 | Business

Read More: Simon Boag, John Campi, White House, Congress, Australia, Trd, Buick, United Auto Workers, Suvs, Phil Murtaugh, Crossfire, Mercedes-Benz, Cars, Detroit News, Detroit Auto Show, Hardtop Convertible, Daimler, Toyota Motor Corp, Moraine, Masters of the Universe, Mongolia, Bankruptcy, Detroit Three, Gm, Washington DC, Land Rover, Bonfire of the Vanities, Tom Wolfe, Floorplanning, Cnn, Banks, Japan, China, Corporate Jets, Automotive News, Roger and Me, Wall Street Bailout, Suzuki, Chrysler, Jim Press, GM Bankruptcy, Federal Reserve Board, President Obama, Ford, Katsuaki Watanabe, General Motors, Dayton, CNN/Opinion Research Poll, President Bush, Michigan, Detroit Bailout, Uaw, Automaker Bailout, Associated Press, Tokyo, Private Planes, g4 Challenge, North American International Auto Show, Nyc, Wall Street, Detroit Three Loans, Deborah Meyer, Vice President Cheney, Toyota Racing Development, Republicans, Slk, Business News
Steve Parker

Congress took a perverse pleasure in giving Detroit's CEOs and the UAW president the third degree -- unnecessary theater while our country suffers this economic decline.

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Detroit's Day of Reckoning (with Thanks to David Halberstam)

Steve Parker | Posted 12.20.2008 | Business

Read More: Chapter 11, Peter Morici, Chrysler, United Auto Workers, Rick Wagoner, David Halberstam, Cars, Chris Dodd, Ford, Robert Lutz, Nissan, Robert Nardelli, US Senate, Detroit, Richard Shelby, President Bush, Masters of the Universe, Northwest Airlines, Uaw, Bankruptcy, Gm, Alan Mulally, Pebble Beach, Detroit Three, Washington DC, Democrats, Barack Obama, Tokyo Motor Show, Ron Gettelfinger, Code Pink, Harry Reid, Republicans, Dearborn, Business News
Steve Parker

This week's bailout hearing signaled what looks like the ultimate day of reckoning for this country's once-great and world-dominating car making industry. All Americans are tired of the excuses.

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Masters of the Universe I: The Questions Neither Obama nor McCain Will Answer

Sanjiv Gupta | Posted 11.08.2008 | Politics

Read More: Democracy, Wall Street Crisis, FInancial Markets, Stock Market, Economy, Masters of the Universe, Politics News
Sanjiv Gupta

It may be one of the most positive outcomes of this crisis that it compels us to ask fundamental questions about our political system, questions we may normally be too complacent or polite to ask.

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