Read a little. Learn a lot. • Tightly-written news, views and stuff • Follow us on Twitter • Be a Facebook Fan • Tumble us!

28 May 2009 20:47

tags

Biz, U.S.: General Motors may soon be as American as socialist pie

  • 72.5% of GM could be owned by taxpayers. Hooray! source
Posted by Ernie Smith • 0 Comments • Permalink

27 May 2009 10:42

tags

Biz, U.S.: Bank of America somehow raised a lot of money really fast

  • $33 billion Amount the U.S. government told Bank of America to raise after recent stress tests gave them failing marks source
Posted by Ernie Smith • 1 Comment • Permalink

23 May 2009 19:10

tags

Biz, U.S.: GM keeps needing money and the U.S. Treasury keeps giving it

  • $4 billion more in another bandage prior to bankruptcy source
Posted by Ernie Smith • 0 Comments • Permalink

15 May 2009 12:57

tags

Biz: GM begins its long, crazy trip to screwing over its dealers

  • 1,100 dealers learned today that GM’s not working with them anymore source
Posted by Ernie Smith • 4 Comments • Permalink

14 May 2009 21:20

tags

Biz: Thought the Chrysler dealer cuts were bad? Check out GM’s.

  • 2,500 dealers will get no deals anymore; that’s 42% source
Posted by Ernie Smith • 0 Comments • Permalink

14 May 2009 12:04

tags

Biz: The quick, painful decay of Chrysler continues

  • 789 dealerships, or a quarter of its dealers, are going away source
Posted by Ernie Smith • 0 Comments • Permalink

11 May 2009 09:07

tags

Biz, U.S.: Shaking off TARP: Big banking firms raise stock to pay off U.S.

  • Two reasons why: Investors appear to be buying stocks at the moment, and they want the monkey off their backs. TARP regulations force companies to limit executive pay, which they don’t like. source
  • U.S. Bancorp, Capital One Financial Corp., KeyCorp, Principal Financial Group Inc. and BB&T Corp. all announced plans this morning to raise $7 billion in capital to get the U.S. off their backs. source
Posted by Ernie Smith • 0 Comments • Permalink
 

07 May 2009 21:04

tags

Biz, U.S.: Why the stress tests should have Americans stressed out

  • $75 billion in capital needs to be raised by the banks who failed the stress test source
Posted by Ernie Smith • 0 Comments • Permalink

07 May 2009 08:32

tags

Biz, U.S.: GM lost a cartoon-eye-poppin’ amount of money in Q1

  • $6 billion in losses for the broken dreams manufacturer source
Posted by Ernie Smith • 0 Comments • Permalink

06 May 2009 11:12

tags

Biz, U.S.: AIG’s bonus payments are way higher than they first said

  • $120 million amount AIG admitted to giving in bonuses last year back in March, post-bailout source
Posted by Ernie Smith • 0 Comments • Permalink
 
<< newer 
top tags
older >>