Business

Yesterday, I posted a video in which two auto experts argued that the dissident creditors were getting a raw deal (See "A discussion about Chrysler’s bankruptcy plan on Charlie Rose"). The crux of the problem is their belief that they were…

A discussion about Chrysler's bankruptcy plan with author Paul Ingrassia, Micheline Maynard, Senior business correspondent for the "New York Times" and John Stoll of "The Wall Street Journal"

I have grown pretty frustrated with FeedBurner, the RSS Feed Service now owned by Google.  Often, my posts have not  gone out immediately. There are significant 'outages' where the service is just plain broken.  And their Feed count…

Attorney Angela Somers, Senior Counsel at Allen & Overy talks about Chrysler struggling to avoid bankruptcy.  She is an expert in bankruptcy and she is sounding a lot less upbeat about a quick and painless process than Obama.  She even…

It looks like Chrysler is going down for the count. A few piggish bondholders decided to play chicken with the Federal Government. They are going to lose this game and, consequently, lots of money too. Chrysler and the Obama…

This comes from Bloomberg: President Barack Obama plans to announce tomorrow that Chrysler LLC will be placed into Chapter 11 bankruptcy, leading to an alliance with Italian automaker Fiat SpA, people involved in the matter said.…

From the FT: The US reported the first death outside Mexico from the swine flu virus on Wednesday as governments around the world stepped up preparations for a possible pandemic. As Germany became the eighth country to report cases of…

Below is a very good video of John Bogle, the legendary investor, at Columbia Business School, hosted by CBS Professor David Beim. In his speech, Bogle places much of the blame for the present crisis with the increasingly hostile corporate…

The German car maker Daimler wants to put the Chrysler chapter behind it, so it will give up its remaining 19.9% stake and forgive all remaining loans. See BBC story.