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...hard copy reports. Ford, which seems best-equipped to ride out the economic storm, puts together a forward-looking document full of boxed-off pull quotes. The more dire GM ("Recent significant declines in dealer orders are now adversely affecting first-quarter production schedules and revenue forecasts") packs its statement with charts and graphs and lots of diverting graphics. And Chrysler? It's 14-page document, half the size of the others, looks like a college sophomore's final term paper...

Author: /time Magazine | Title: GM, Ford and Chrysler's Bailout Plans | 12/3/2008 | See Source »

...Automakers also took steps to avoid the kind of public relations disaster that dogged their first aid-seeking trip to Washington D.C. last month Ford chief executive Alan Mulally and Chrysler Chairman Robert Nardelli said they would drive to Washington D.C. Mulally, in a carefully worded statement, also said he would reduce his $21 million salary to $1 if the company tapped the federal line of credit...

Author: /time Magazine | Title: Auto Sales Plummet, Worsening Crisis | 12/3/2008 | See Source »

...three automakers have included additional concessions by the UAW as part their broad case for government bridge loans totaling $34 billion. After meeting with the UAW, GM management issued a statement: "We are pleased to see these changes and the willingness of the UAW to help improve our competitiveness. The UAW has shown they are willing to work with us on tough issues. We look forward to continuing to work with our union partners to transform our business as we are in this together." (See the 50 worst cars of all time...

Author: /time Magazine | Title: UAW agrees to Concessions With Automakers | 12/3/2008 | See Source »

...Election Day, these theories had become so commonplace that a prominent Shi'ite scholar based in Dubai felt compelled to issue a statement rejecting them. It made little difference...

Author: /time Magazine | Title: Baghdad Scuttlebutt: Pssst! Obama's a Shi'ite | 12/2/2008 | See Source »

...answer. Recent months have seen a significant thawing in ties between the two nations, with trade expanding across the heavily militarized Kashmir border. Pakistani President Asif Zardari has made pronounced gestures of friendship, some of which have put him in hot water with his own people - such as his statement earlier this year that he did not consider India, with whom Pakistan has fought three bitter wars since 1947, a threat to its western neighbor...

Author: /time Magazine | Title: Will Mumbai Chill the India-Pakistan Thaw? | 12/2/2008 | See Source »

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