December 1st, 2008 • by David Zatz
Peggy Risley of Blanchard Gold sent an e-mail around, detailing steps the government has taken so far in this financial crisis. I haven’t done my usual fact checking on this but it seems right. Here’s the list (edited somewhat): Wall Street $1.6 trillion in loans to banks so far in exchange for otherwise unwanted collateral. [...]
November 11th, 2008 • by David Zatz
You may remember how the analysts and reporters were claiming that GM, after acquiring Chrysler, would shut down pretty much everything but the minivans and Jeeps. At that time, you may remember my saying: Rubbish, I say. Even if Rick Wagoner is as foolish as he looks. These people don’t know Chrysler. They are still thinking the Daimler [...]