Congressman Warns Wall Street Firms to Stop Obstructing Auto Viability Plans
The President’s restructuring of General Motors Corporation and Chrysler LLC just got more interesting. As executives from Chrysler and the Italian carmaker Fiat have intensified their discussion on an...
View ArticleHigh Noon as President Obama Shoots Down Hedge Funds and Speculators
At eight minutes past noon today the President of the United States strode into the Grand Foyer of the White House to speak on the Chrysler restructuring. It may as well have been the OK Corral by the...
View ArticleFord Announces Public Offering of another 300 Million Shares of Common Stock
Ford Motor Company (NYSE: F) announced late today a public offering of 300 million shares of its common stock at a par value of $0.01 per share. Ford said it also expects to grant to the underwriters a...
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