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12 Dec 2008, 6:17 pm
"Detroit needs financial help. [read post]
11 Dec 2008, 11:34 pm
Paulson Jr. would reverse his opposition to tapping the government's financial rescue program. [read post]
10 Dec 2008, 6:31 pm
Thus, the government would end up owning 40% of GM. [read post]
10 Dec 2008, 6:27 pm
  • Sam Palmisano, the CEO of IBM, declared about the financial crisis, "you can retrench, pull in your horns, protect the balance sheet, and preserve cash. [read post]
8 Dec 2008, 10:45 am
My cousin-in-law speaks excellent Japanese--he was one of the first Westerners working in the Japanese financial industry. [read post]
8 Dec 2008, 12:33 am
Dodd also believes that Chrysler and GM will probably have to merge so that both companies can survive. [read post]
4 Dec 2008, 7:10 pm
  In this regard, many CEOs in other industries, including the troubled financial industry, make more than their automaker counterparts. 2. [read post]
29 Nov 2008, 7:11 am
With talk of GM going into bankruptcy, this has come to mind. [read post]
26 Nov 2008, 4:10 pm
In the case of Ford, GM and Chrysler, a Chapter 11 bankruptcy might allow the auto manufacturer to modify union contracts that were negotiated years ago in a different economic climate. [read post]
26 Nov 2008, 1:15 pm
It is just one of a fleet of luxury jets owned by GM that continues to ferry executives around the world despite the company's dire financial straits. [read post]
25 Nov 2008, 3:29 pm
Is it only a company with a gigantic financial footprint - like a GM - that can handle the long term financial investments and exposure needed to run a defined benefit plan? [read post]
24 Nov 2008, 9:02 pm
The first two bailouts propped up Citi and other financial institutions by protecting their counterparties.) [read post]
24 Nov 2008, 1:27 am
But no question, Chapter 11 corporate bankruptcies will provide steady fees for years to come (been there, done that), especially if major corporate behemoths like GM start filing en masse (see Eugene Volokh who explains what kind of financial distress Chapter 11 is designed to fix). [read post]
22 Nov 2008, 1:15 pm
Kullman faces pressure from some DuPont directors to quit the GM board sooner because she "lacks time to breathe," the informed person said. [read post]
21 Nov 2008, 11:06 pm
If GM fails, Chevy trucks won’t simultaneously explode. [read post]
21 Nov 2008, 5:18 pm
In 2007, health-care costs for GM were $4.6 billion and $2.2 billion for Ford according to their annual reports. [read post]
21 Nov 2008, 4:02 pm
Earlier this week, we saw various members of Congress outraged because the three top executives of GM (GM), Ford (F) and Chrysler took corporate jets to beg for $25 billion in money. [read post]
21 Nov 2008, 1:15 pm
  Having spent his career at GM, he has no doubt been captured by the GM culture and the GM way of doing business, an approach that has not worked. [read post]