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Peter Morici

Too Much Economic Hot Air?

Dan Dorfman | Posted 05.13.2009 | Business

Read More: Mike Bloomberg, Ben Bernanke, Media, Wall Street, Optimism, Recession, Economy, Peter Morici, Business News
Dan Dorfman

Spreading talk that the financial crisis is on its last leg seems decidedly unjustified because it's woefully devoid of supporting evidence.

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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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