(In the interest of sanity, this will not be a regular feature.) –Currency fluctuations in China seem to signal a coming political crisis. “[D]omestic and global economic weakness could test the grip of the ruling Communist party. ‘This is clearly a reference to the fact that weak growth is likely to lead to significant social [...]
The first of the Big 3 proposals on how to turn their businesses around is in and Ford – the strongest of the three companies – says it may be able to go it alone. Barring the bankruptcy of one of the other automakers – a really big if – Ford tells Congress it likely [...]
The Big Three auto bosses will present Congress with an actual plan today to not just throw $25 billion of taxpayer money down the bottomless bailout hole. (If reports are to be believed, these executives will also endure the punishment of actually having to use their own vehicles to drive from Detroit to a new [...]
