01 December 2008
Do you think its is worth for Rick Wagoner, Alan Mulally and Robert Nardelli to put their jobs on the line?
I agree with Megan and Obama and Romney that the solution for saving the auto industry is not a blank check from the government. The auto industry has not followed the rules of the market, they did not meet the demand for fuel-efficient cars quick enou...
How to save General Motors Corp.?
Cut down from five regional offices to two. One in Atlanta (east of the Mississippi River)and one in LA (west of Mississippi River). That means Chicago, New York, and Dallas are closed. With about 250 people working in each location (750 total) at an average of $100,000 each, that is a yearly savings of $75 million. Operation cost (rent, equipment, etc.) at the three locations will save another $1.8 million.
24 November 2008
Citigroup New Rescue Package is the greatest heist in American history.
Sadly, it is quite clear now that Paulson is simply another typical Bushevik crony capitalist. As far as he is concerned the bailout money is intended to enrich his friends and everyone else can simply stick it. To the plunderers go the plunder…you...
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