Peter Morici

                   

Three US car makers plead for 25bn bailout

telegraph.co.uk
3 hrs ago 201 related
        

The chiefs of Ford, General Motors and Chrysler have begged Congress for a $25 billion lifeline, warning of broader peril for the American economy if the auto industry is allowed to suffer. Despite their pleas, the new rescue...

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yahoo.com: Reuters Deals Today yahoo.com

U.S. auto execs plead for bailout

reuters.com
2 hrs ago 1,323 related
        

WASHINGTON (Reuters) - U.S. auto executives warned Congress on Tuesday that their industry was teetering on the brink of disaster as they pleaded for a $25 billion (16 billion pounds) aid package despite political opposition to...

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Live Blogging the Senate Automaker Hearings

bigblog.com
48 mins ago 2 related
        

Officially, the subject of the hearing before the Senate Banking, Housing and Urban Affairs Committee on Tuesday afternoon was Examining the state of the Domestic Automobile Industry. But that headline on the committees Web...

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Live blog: Opponent of auto aid decries foreign trade protections

freep.com
7 hrs ago 12 related
        

UPDATED AT 5:15 p.m.: Peter Morici, a business professor at the University of Maryland, told the Senate committee that Detroit's automakers have been victimized by protectionist policies in foreign countries.

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Live blog: Mulally says Ford could be _turbo machine' after crisis

freep.com
7 hrs ago 17 related
        

UPDATED AT 5:40 p.m.: During questions for Detroit's automakers, Sen. Richard Shelby, R-Alabama, continued to berate Detroit's automaker for past decisions and express his doubts Detroit's automakers could repay any loans and...

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Region has big stake in the Big 3

post-gazette.com
1 hr ago 10 related
        

His concern is well-founded. Loss of dealerships due to the failure of one or more domestic car companies is becoming an increasingly likely event, and Capitol Hill Democrats now say they don't have the votes to pass a bailout...

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Peter Morici: Big Three Bailout

rightpundits.com
4 hrs ago
        

Chris Dodd, Joe Lieberman, Barney Frank, Chuck Hagel, and Harry Reid are all listening close as Professor Morici testifies about a proposed bailout of the big three. Right now, the number being called for is $25 Billion. See...

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Oh No She Di'Int

dealbreaker.com
7 hrs ago
        

Peter Morici, a University of Maryland professor in a bow-tie, says that giving the Big Three automakers will "create another AIG." (He also says if Chapter 11 is put off, "the industry will continue to shrink.")

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yahoo.com: Skepticism as crisis gives emerging powers clout yahoo.com

Skepticism as crisis gives emerging powers clout

signonsandiego.com
yesterday 26 related
        

The rich nations' financial meltdown has in theory handed developing countries greater say in running the global economy, but the new stakeholders will need to offer more than rhetoric to turn theory into reality.

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Senate Considers Bailing Out Auto Industry

wlky.com
yesterday 1 related
        

GM, Ford, Chrysler Execs To Testify POSTED: 9:19 pm EST November 17, 2008 UPDATED: 9:43 pm EST November 17, 2008 WASHINGTON -- The Senate considers bailing out the auto industry, but some say bankruptcy is the better option....

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