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- Why Most Americans Don't Mind if the Big Three Fail
- Rick Newman submits: While asking Congress for billions in bailout money, General Motors GM CEO Rick Wagoner promised that "we will repay the taxpayers' faith." Yo, Rick: What faith? by Rick Newman
- External links 2008-11-20
- GM Could Benefit from Bankruptcy
- Rick Newman submits: Is the Midwest about to tumble into Lake Erie? Sure sounds that way. With General Motors GM teetering at the edge of insolvency, the company's backers argue that a bankruptcy filing would basically wipe out the entire U.S. auto industry. All of GM's 125,000 employees would...
- External links 2008-11-18
- The Autos and Mentality That Ruined Detroit
- Rick Newman submits: The global financial crisis is suffocating the Detroit automakers, but the problems at General Motors GM, Ford F, and Chrysler have been festering for years—even when the mighty "Big Three" were earning billions. Aging factories, inflexible unions, arrogant executives and shoddy quality have all damaged Detroit. Now,...
- External links 2008-11-16
- Ten Cars That Could Save Detroit
- Rick Newman submits: The road to recovery in Detroit is so long and pitted that General Motors GM, Ford F, and Chrysler might not all make it. Billions in federal aid will help. But the government doesn't build cars, and without top products in the most important segments, the Detroit...
- External links 2008-11-16
- Corporate Bankruptcies: More Bad News Around the Corner?
- Rick Newman submits: If you've been saving your cash for fire sales at bankrupt retailers, don't blow it all at Circuit City CC. Many other companies are likely to end up in even worse shape over the next year. So far in 2008, there have been a few name-brand...
- External links 2008-11-11
- General Motors: Beginning the Endgame?
- Rick Newman submits: All year, General Motors GM CEO Rick Wagoner has been insisting his company will never declare bankruptcy. "We're well positioned," he said in August. Company spokespeople reiterated that in October, despite the big stock market plunge. Even the company website states that "bankruptcy protection is not an...
- External links 2008-11-08
- Chevy Volt: Can It Survive GM?
- Rick Newman submits: Two momentous things are happening at General Motors GM. One is GM's electric-powered car, the Chevrolet Volt, which might be a breakthrough machine if it debuts on schedule in late 2010. The other is the deepest financial crisis in GM's history, which threatens virtually every program underway...
- External links 2008-10-31
- Wreck a Company, Earn a Bonus
- Rick Newman submits: At [[AIG]], the hotshots who lost a staggering $41 billion in 2008 and injected poison into the world’s financial arteries are in line to earn at least $165 million in bonuses. Merrill Lynch MER, which lost nearly $28 billion last year, insists it must still pay $3.6...
- External links 2009-03-16
- Will Chrysler Crash?
- Rick Newman submits: They used to be known as the Big Three. Then they got much smaller, and GM GM, Ford F, and Chrysler became known as the Detroit Three. Soon they might be the Detroit Two. The news that General Motors is exploring some kind of merger with...
- External links 2008-10-20
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