Category: Business

***Bumped and Updated*** Just when I was beginning to resign myself to the fact that the auto industry would eventually get its bailout and its current failing business model …

The thing that annoys me the most in this automaker crisis, is the question of leadership. Not the Obama style of leadership, where appearance is all that counts, but …

Through the first half of this week, I have been explaining why the Congress is right to decline granting the demands of the three major US automakers. Having done …

The three largest automakers in the United States have clearly been deficient in their diligence and results. While there are structural and procedural differences between them what is common …

Yesterday I trashed GM pretty hard, and they deserved it. The short version for GM, is that the management is both clueless and dishonest, and if they manage to …

Congress surprised me a little while back, when they decided not to bail out the 'Big 3' automakers, who were hoping for just about fifty billion tax dollars (25 …

One of the more revealing responses to my article on bankruptcy was the following comment from Paul Hooson: "Congress seldom has any problem spending billions for war or bombs, …

I am getting the sense that Congress was never really serious about handing over 25 billion more dollars to the Three Stooges Motorcar Companies, in addition to 25 billion …

Is this modern day colonialism? From the Financial Times- Daewoo Logistics of South Korea has secured farmland in Madagascar to grow food crops for Seoul, in a deal that …

Yesterday, as word got around about the CEOs of the Big 2.5 automakers hopping on their private jets to go begging before Congress, I found myself thinking about Ronald …