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...reason is that Ford alone among the Detroit Three has enough dry powder to get through what will be a very difficult 2009, when car sales aren't expected to top the 11.8 million units sold this year. (In 2007, 16 million cars and light trucks were sold.) General Motor's Wagoner and Chrysler's Nardelli made it pretty clear that without a government bridge loan - $12 billion in GM's case, $7 or $8 billion for Chrysler - there isn't going to be a 2010 for these companies, at least not without a pit stop in bankruptcy. Chrysler ended...

Author: /time Magazine | Title: Ford Might Be the Winner if the Auto Bailout Fails | 11/19/2008 | See Source »

...fuel standards will help decrease national fuel consumption and dependence on foreign oil. In addition, forcing the auto companies to make more fuel-efficient cars will help them compete in the long-term against foreign automakers that are currently selling hybrid cars, which are more attractive to consumers in light of rising gas prices. In a more punitive vein, Congress could also consider requiring these companies to replace the management that has driven their companies into the current crisis. Making management accountable for its mistakes will likely discourage those who think that a congressional bailout provides a convenient...

Author: By The Crimson Staff | Title: Airbags for the Auto Industry | 11/19/2008 | See Source »

...room at the Lily Pad on Cambridge Street is small and stylishly decorated, with a seating capacity of less than thirty. A large grand piano gleams under muted stage lights in the back among a comfortable clutter of drums, amplifiers, and microphones. The performer who precedes Malcolm G. Campbell ’10 at “Pianofest”—a night showcasing the best area players on the instrument—is classically trained and ends her set with a darkly-beautiful, highly-technical piece. Like all the musicians here—Campbell included?...

Author: By Maria Y. Xia, CONTRIBUTING WRITER | Title: Campbell Composes, Crowd Swoons | 11/19/2008 | See Source »

...we’re so pleased the owners are really going to find a tenant to fit the building, rather than the other way around,” said Jillson. “The building is so beautiful and at night, it’s such a beacon of light. It’s timeless...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Crate & Barrel To Close | 11/19/2008 | See Source »

...Activists will need to lure some opponents into their corner in order to advance their cause. In light of this, the gay rights movement should focus on building acceptance, rather than falling back on divisive politics. They should seek to demonstrate that they are reasonable, that their cause is reasonable, and that they hope to achieve it through popular democratic processes...

Author: By Lucy M. Caldwell | Title: Misguided Activism | 11/19/2008 | See Source »

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