Lee Iacocca

The death of common sense

Tuesday, November 18, 2008 Mosharraf Zaidi Common sense must have died and gone to heaven. Unbridled corporate greed and public policy for lunatics may partially explain the global financial markets mess, and its national...

Slash your pay, Grassley tells auto titans; Iowans in D.C. split on big loan

By THOMAS BEAUMONT • tbeaumont@dmreg.com • November 18, 2008 Iowa Sen. Charles Grassley told executives in the nation's beleaguered automotive industry to tear a page from the history of one of their legendary forebears. The...

Sen. Nelson: New auto leadership should be among loan conditions

By TODD SPANGLER • FREE PRESS WASHINGTON STAFF • November 17, 2008 WASHINGTON – Even some Democrats in the U.S. Senate have harsh words for Detroit’s automakers as a bailout bill for the industry is bandied about. Sen. Bill...

Online Journalists Denied Press Credentials by NYPD; Civil Rights Lawsuit Filed

Three New York journalists, Rafael Martínez Alequin, Ralph E. Smith and David Wallis, have been denied press credentials by the NYPD with little explanation or appeals process. All three write for online journals and believe...

Like 1979, next auto rescue won't be easy

In 1979, when Congress crafted the historic and controversial Chrysler Corp. Loan Guarantee Act -- which protected tens of thousands of jobs nationwide and gave the automaker another three decades of life -- political leaders...

Why MegaFord Will Never Compete With Toyota

The "Mega 3" will never succeed as they are in their current forms. My dad had worked for Ford since he was like 15, and had been laid off during the first "bail out" of ford. You will hear a lot of blame trying to be put on...

'Dumbest people' industry image may cost Wagoner job

Rick Wagoner’s 31-year career may fall victim to the mistakes of the industry and his own, even if General Motors Corp survives. “Management needs to be replaced,” said Robert Crandall, former chairman and CEO of American...

A RED FLAG: Motor City problems filter into Midlands

Via Acquire Media NewsEdge) Nov. 16--Cozad is some 900 miles from Detroit, but troubles in the auto industry hit close to home in this central Nebraska community. About 22,000 workers in Nebraska and 45,000 in Iowa are employed...

The Chrysler Bail-Out Bust

What Good Was Chrysler's 1979 Bailout?] The Chrysler Bail-Out Bust From The Heritage Foundation July 13, 1983 The Chrysler Bail-Out Bust by Hickel, James K. Chrysler Corporation auto sales are roaring into high gear. And so is...

Lawmakers: Detroit 3 must show they got derailed

Lawmakers: Detroit 3 must show they got derailed 'Dust off that old Chrysler playbook' queryvar="lawmakers:,detroit,3,must,show,they,got,derailed"; David Barkholz Automotive News | November 14, 2008 - 4:23 pm EST To stand a...

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