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Today, your legislators are hard at work crafting some form of financial reform legislation. ABC News’ Sunlen Miller reports today that President Obama says he’s “absolutely confident that the bill that emerges is going to be a bill that prevents...
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Before she appeared at the American Bankers Association annual convention today, Federal Deposit Insurance Corporation head Sheila Bair addressed protesters at the...
made popular Oct 27 2009
A three-member federal appeals court panel in New York is expected today to hear final arguments on whether Chrysler can sell itself to a new company run by Italian...
made popular Jun 5 2009
General Motors has been hemorrhaging customers for decades. For the last 30 years, it has been losing almost one percentage point of market share every year. It sold 45...
made popular Jun 3 2009
President Obama said Monday that the U.S. government had no interest in taking an ownership stake in General Motors Corp. But faced with two other bad options —...
made popular Jun 2 2009
Obama isn’t just ruling on the fate of a single company. A GM bankruptcy could devastate the very economy he is attempting to stabilize By William J. Holstein...
made popular May 22 2009
In a not-wholly surprising move, America’s ailing automaker Chrysler has filed for bankruptcy. The deadline for coming up with a viable plan for survivor or else...
made popular May 1 2009
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Anglet:
Vehicle license plates in a junkyard in Anglet, southwestern France, Tuesday, March 10, 2009. The EU’s European Investment Bank said Monday it is unlikely to go beyond lending euro 7 billion ($8.86 billion) to Europe’s ailing car makers, despite...
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