Word: auto
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...ready cash reserves in place as of Sept. 30. Buried in the same voluminous report is a note indicating that GM has tucked away another $13.5 billion, in trust, to pay for health care for current and future blue-collar retirees covered by labor contracts with the United Auto Workers...
...BILLION Loans to holders of asset-backed securities, which include education, credit-card and auto loans, to jump-start consumer financing...
Instead of bailing out an auto company that has not been competitive or innovative in years, why not give the funds to car companies that are doing well? Congress could require that the companies invest in the U.S., but other than that, let the market decide. Instead of throwing good money down a sinkhole, let's reward businesses that are innovative and give customers what they want. That used to be called capitalism. Carlos Gonzalez-Najera, BURLINGTON...
...lame duck with an Antarctic approval rating - but can you imagine Bill Clinton going so gently into the night? There are substantive gestures available to a President that do not involve the use of force or photo ops. For example, Bush could have boosted the public spirit - and the auto industry - by announcing that he was scrapping the entire federal automotive fleet, including the presidential limousine, and replacing it with hybrids made in Detroit. He could have jump-started - and he still could - the Obama plan by releasing funds for a green-jobs program to insulate public buildings. He could...
...balance sheet but kept in entities somewhat removed from the company. These assets could be problematic if the economy grows worse. Fox-Pitt Kelton's Trone also points out what's not included in the government backing: $129 billion in nonresidential consumer loans like credit cards, auto loans and small-business, student and personal lines; $150 billion of consumer loans overseas; and Citi's corporate-loan portfolio. Put simply, there's room for more to go wrong...