Automaker Bailout Will Do Little for Finance
The government finally bit the bullet — it agreed to shell out $17.4 billion from the TARP fund to enable ...
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Questions About the Bailout’s Call Option
The White House today unveiled a plan to inject $17.4 billion into General Motors and Chrysler LLC to prevent the ...
Luxury Manufacturers Shun Incentives Even in Downturn
Even though sales are down by as much at 30%, don't look for any of the super-luxury carmakers to begin ...
The (Not So) Shortlist for Obama’s Cabinet
Despite Barack Obama's election as president of the United States yesterday, the financial services sector remains in a perilous state, ...
Standard and Poor’s Warns of Possible Bankruptcy for Ford, GM, Chrysler
Standard & Poor's today warned that General Motors, Ford Motor Co., and Chrysler LLC could be headed for bankruptcy protection. ...
Can Rate Cuts Cure Auto Finance Woes?
The Auto Finance Summit is still going on in Las Vegas, and already the core message of this year's gathering ...
Report: GMAC Needs Bailout to Survive
If GMAC is banking on being included in the $700 billion bailout in order to survive, as this article suggests, ...
