Word: detroits
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...most gratifying thing about the new George Plimpton biography, George, Being George (Random House; 423 pages), is that it is nearly as much fun as George Plimpton. For the bulk of his 76 years, Plimpton--the Wasp bohemian who quarterbacked the Detroit Lions, danced at Truman Capote's Black and White Ball, set off more fireworks than a thousand juvenile delinquents and edited America's greatest literary journal for 50 years before his death in 2003--was educated society's unofficial mayor of good times. Who else could box a few rounds with Archie Moore, trade stanzas with Marianne Moore...
...Detroit Carmakers Cry for Help Amid talk of a merger with Chrysler, General Motors is lobbying federal officials for sizable financial assistance. In addition to the $25 billion in government loans promised to the industry in an energy bill for production of fuel-efficient vehicles, GM's lending arm, GMAC, is exploring ways to access funds in the $700 billion federal-bailout package, while the company reportedly is also seeking cash injections to cover potential merger costs. GM and Chrysler employ more than 200,000 U.S. workers and support many more jobs in the auto-parts and sales industries...
Rumors that GM is preparing to file for bankruptcy swept through the company's plants this week. "I'm hearing they're not going to be able to meet payroll by spring," one employee at a GM assembly plant near Detroit said. GM, however, said speculation it was nearing bankruptcy is not true. "Bankruptcy would not be in the interests of our employees, stockholders, suppliers or customers, and we believe speculation about a possible filing is exaggerated and unconstructive," GM said in a statement...
...advantage of seeming to pay for itself. The sale of carbon-emission permits would raise billions of dollars, money Congress could then disperse in the form of grants for alternative-energy research, tax credits for greening homes and businesses, and loans to retool inefficient industries - starting with Detroit's struggling automakers. Republicans doomed a Clinton-era attempt to do something similar by christening the plan a "carbon tax." For Obama to succeed, he would have to convince the public that this tax is truly an "investment...
...highway tolls of 10 cars behind you. If you upgrade your room, the hotel will donate $25 to one of three local charities, including the Chicago Food Bank. Generosity must be contagious: Another Chicago hotel, Hotel Indigo, is handing guests $25 gift cards to Target or Best Buy. And Detroit-area Marriott hotels are giving away $25 Visa gift cards; they're also offering $94 weekend rates to entice you to stay (mention the code D53, when you call 800-228-9290 to book...