Word: actioneers
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...Allowing the auto companies to collapse is not a responsible course of action," Bush said in his announcement, in which he also mentioned the consideration of letting the automakers go into bankruptcy: "Given the current state of the auto industry and the economy, Chapter 11 is unlikely to work for American automakers at this time...
...statement about the extended holiday shutdown, Chrysler said the lack of financing for car loans contributed to the move. "Due to the continued lack of consumer credit for the American car buyer and the resulting dramatic impact it has had on overall industry sales in the United States," the action was needed, the company said. At a recent meeting between Chrysler management and dealers at Chrysler's headquarters, the dealers asserted that they have willing buyers for Jeep and Dodge vehicles but are unable to close the deals due to lack of financing. "The dealers have stated that they have...
...This action will help to preserve many jobs," said a visibly more relaxed Rik Wagoner as he spoke of Friday morning's announcement of aid for the automakers. It's been a tense week, and not just for Detroit's CEOs. In recent days employees of the Big Three in Detroit have been going about their jobs as a life and death debate waged in Washington. Just this week, executives from General Motors Corp., Chrysler LLC and Ford Motor were offering reporters sneak previews of vehicles due out in 2009 and 2010 despite huge uncertainty surrounding their future...
...weekend face-off sets the top comedy star of the '90s against the top action and drama star of the last decade. Industry handicappers are predicting that Carrey, with a familiar role in an easy-to-sell story, will score a box office win over Smith, whose movie's central and unrevealable plot twists make it a challenge to describe. (They're saying it could be Smith's first film since the 2001 Ali not to break $100 million domestic.) But both films play to their stars' acting strengths, which means that you will probably laugh along with...
...Judging from this saccharine treatment of an action-movie star's adventures in charity, the writer might have been better served building a golden idol to Li. The story charts Li's noble endeavors with uncritical adulation - from plugging shamelessly self-flattering quotes to the strange implication that B-movie plot themes can lay down a foundation for morality. Li's case would have been helped had he received a less frothy and dripping paean. Instead of pushing forward a more thoughtful agenda, TIME used its eloquence to further entrench the celebrity worship that plagues the international humanitarian scene. Jawahar...