Tag: bankruptcy

Michigan getting the screws, but the car is falling apart.

I always thought to sell more goods, you built bigger pipes, opened more outlets, tried to reach more people.  So when I heard Chrysler was going to reduce the number of dealers it had, it didn’t make any sense to…

What does the future hold for General Motors?

As General Motors faces impending bankruptcy, the federal government is unlikely to address the true problem which faces the former auto giant. Environmental extremism and legislative corruption and power seeking. Call it what it is. Green science is JUNK Science,…

Defining Fraud – CEO Compensation vs. Performance

Amidst the sorting congress will have to do, is an issue many taxpayers who are currently being put at risk are concerned about.  Namely, “how in the hell do those CEOs rate multi million dollar go away presents when the…