Tag Archive for 'economy'

My own conditions for a bailout (update)

November 20th, 2008 • by David Zatz

Nobody asked me for my opinion, but then, I didn’t ask Mitt Romney, Michael Moore, Rush Limbaugh, or any other big-mouths for their opinions, either.
Incidentally, the auto industry economists DID clearly see economic troubles coming, at least six months before it did. Ford and Chrysler acted. GM did not.
So here are my conditions for loans [...]

Tags: automakers, bailout, banks, china, chrysler, economy, ford, GM, loans, merger.
bailout

18 Comments

Auto execs shoot their companies in the foot

November 19th, 2008 • by David Zatz

The Detroit Three CEOs stood before Congress today to plead their case. They insisted that their companies could not declare bankruptcy and survive, as posturing small-town-values hypocrite Senator Shelby insisted they should go bankrupt so they could put their retirees into poverty, break their promises to vendors and banks (putting many of them into bankruptcy), [...]

Tags: automakers, banks, cars, chrysler, economy, loans, nardelli, toyota.
Cars and stuff, Chrysler Corp, GM

8 Comments

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