Word: gm
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Dates: during 2000-2009
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...Easy Being Green I read your recent article about General Motors' Chevrolet Volt with disbelief [Sept. 29]. There was no acknowledgment that four companies - Aptera, Miles Electric Vehicles, Tesla and Think - plan on bringing fully electric vehicles to the U.S. marketplace before GM does. In the future, perhaps you could research a little deeper! Alexander Fox, Charleston, South Carolina...
...bulk and behavior are an intimidating package. "Good hitters sense when pitchers are lacking confidence or vulnerable," says Kevin Towers, GM of the San Diego Padres. "I don't think you ever look at Carlos Zambrano and feel he's vulnerable. If I'm a hitter, I don't want him to get too upset, 'cause he might stick one right in my neck...
...have lost with those Devil Rays?), reversing the fortunes of the Reds, the Seattle Mariners and now the Cubs. He's long been one of the best in the game, and it's about time he ended that drought. "I would think he'd be due," says Pat Gillick, GM of the NL East champion Philadelphia Phillies, and Piniella's old boss in Seattle, "unless he meets us in the playoffs...
...forced to save it. A major reason is that AIG is one of the creators of the aforementioned credit-default swaps. What are those, you ask? They're pixie-dust securities that supposedly offer insurance against a company defaulting on its obligations. If you buy $10 million of GM bonds, for instance, you might hedge your bet by buying a $10 million CDS from AIG. In return for that premium - which changes day to day - AIG agrees to give you $10 million should GM have an "event of default" on its obligations...
Rebecca Lindland, a senior auto analyst for the research firm Global Insight, is a fan of both electric cars and GM's plug-in Volt. "This is not a George Jetson future," says Lindland. "This is ours." But that future is still a ways off. Lindland said that when she met with GM executives not long ago to talk about the Volt, she reminded them of one vexing question: The plug-in makers' assumption is that drivers will recharge their cars in the garage at home, where it shouldn't be too hard to find an electrical outlet...