Showing posts with label General Motors. Show all posts
Showing posts with label General Motors. Show all posts
Wednesday, November 10, 2010

China Buys the World

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I missed the news. And, I presume a lot of others also missed the news. “In the weeks ahead, a 104-year-old unit of General Motors...
Thursday, May 7, 2009

A Tipping Point?

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Almost everyone is looking for a tipping point. At this time we are looking for signs that the decline in the economy and in the financial ...
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Tuesday, April 28, 2009

Renouncing the Debt

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There are three ways to get out of a debt crisis. First, you can work off the debt, but this takes a long time. An impatient public and an...
Sunday, March 29, 2009

The Fate of Rick Wagoner

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Rick Wagoner, Chairman and Chief Executive Officer of General Motors, will resign as a part of the agreement with the federal government in ...
Monday, March 23, 2009

A Lesson from AIG for the Bank Bailout Plan

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One of the reasons given for the awarding of bonuses at AIG was the need to keep people around that had “expertise.” That is, if we lose th...
Tuesday, March 17, 2009

AIG, an example of a bailout!

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“If there is a single episode in this entire 18 months that has made me more angry, I can’t think of one other than AIG. AIG exploited a hu...
Thursday, March 12, 2009

Households and the Debt Problem

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The Federal Reserve released new data on the financial condition of the household sector of the United States. Like other sectors of the ec...
Monday, February 23, 2009

It's All A Matter Of Incentives

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Cerberus Capital Management has asked for a bailout! Who would have thought that a private equity fund would be seeking the help of the Fed...