Relevant and even prescient commentary on news, politics and the economy.

You searched for: label/Auto bailout

What is an Asset?

…it in the poorest light possible—since a bailout is necessary,** and targeted bailout isn’t going to work.*** Let’s just say #2 sticks in my craw a bit. Especially if you’re…

ANGRY BEAR’S ECONOMIC ROUNDUP

…– Chrysler Follows GM’s Lead, Partners with Credit Unions to Offer Loans 12/16 – Bush: More Time Needed for Auto Bailout 12/16 – Automakers Fend Off Parts Companies’ Cash Demands…

GMAC Flashback

…to pay into the general fund. Loaning to the auto industry may be dicey, but it pales compared to a mortgage portfolio that was 76% subprime at the end of…

CEO Math

by divorced one like Bush Honda has done some math, Honda Motor Co. now expects 185 billion yen ($2.06 billion) in group net profit for the fiscal year ending March…

English translation, or Kleptocracy Defined

…participants meet the credit needs of households and small businesses by supporting the issuance of asset-backed securities (ABS) collateralized by student loans, auto loans, credit card loans, and loans guaranteed…

Clarification (my final one, I hope)

…Obama administration about the auto bailouts in early 2009. Much less did I know that Bain Consulting apparently did advise the Obama administration concerning whether to go forward with the…