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...Dems also agreed to scale back the sweeping powers once envisioned for the so-called car czar created by the bill to help oversee the companies' restructurings. But while some conservative House Republicans decried the very idea of such a bureaucratic watchdog, certain Senate Republicans want to further empower the official to force tougher viability plans from the automakers. Given that such clashing views are coming from within the Republican Party ranks, it's no wonder that Detroit is bracing for what could be a very gloomy New Year...

Author: /time Magazine | Title: Another Bailout Blowout? Why the Auto Deal May Crash | 12/11/2008 | See Source »

...even the $15 billion installment isn't being handed over without some strings attached. In order to receive the funds, the Big Three will have to work with a so-called car czar, as well as a board made up of as many experts as the President deems fit (President Bush will handle the initial appointments, and there is some hope that Obama and Bush can agree on a car czar). By March 31 of next year, Detroit will have to lay out a schedule for how and when they will repay the funds as well as plans for their...

Author: /time Magazine | Title: Can Congress Pass an Auto Bailout Bill Nobody Likes? | 12/9/2008 | See Source »

...Bush Administration, leery of adding yet another taxpayer bailout to its already shaky legacy, has been unwilling to step in, appoint a car czar and negotiate a solution to the problem. The incoming Obama Administration is expecting such talks to fall to it, but the automakers, especially GM, have warned they cannot wait. "I believe that we could lose General Motors by the end of this month," said Ron Gettelfinger, head of the United Auto Workers (UAW) union, which announced Wednesday that it would be willing to sacrifice job-security provisions and financing for retiree health care to save...

Author: /time Magazine | Title: Big Three Bailout Hits Some Speed Bumps in Washington | 12/4/2008 | See Source »

While West displayed composure and confidence, Newhouse seemed resigned to failure from the opening points. The czar of the court, West ran Newhouse around in circles and seemed to have a simple answer to whatever shot Newhouse...

Author: By Nico S. Theofanidis, CONTRIBUTING WRITER | Title: Crimson Sneaks Past Big Green | 12/4/2008 | See Source »

...Harvard-Yale festivities, which required that the pre-game tailgate conclude at kick-off, affected the drinking environment of this year’s match. According to Jason B. McCoy ’08, the College’s Campus Life Fellow and unofficial “fun czar,” information concerning arrests and hospitalizations will continue to trickle in through the first week in December. Evaluation of the new restrictions will occur later that month at a debriefing meeting with representatives from the College, HUPD, and University Health Services. McCoy said that, as a spectator inside...

Author: By Edward-michael Dussom, CONTRIBUTING WRITER | Title: Tailgate Changes Fail To Curb Alcohol Incidents | 11/26/2008 | See Source »

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