Tag: auto industry
-
econocrash: the depression quietly deepens
we will never know the true inside story of what really went on*obama promises summer speedup of economic effort*white house had long planned gm & chrysler bankruptcies*paulson’s secret talking points reveal that banks were forced to surrender ownership stakes to govt*obama officials: no ‘magic bullet’ for auto companies*boston globe workers reject plan*nytimes hires goldman sachs…
-
lemonheads’ dando sues general motors over alleged song copy
from ap: Lemonheads founder Evan Dando (DAN’-doh) is suing General Motors, saying the auto giant copied one of his songs for an ad. Dando sued GM and advertising and licensing firms in federal court Thursday, claiming the automaker violated his copyright on The Lemonheads song “It’s a Shame About Ray.” The complaint alleges the song…
-
6/4 newspurge
9/11 updates: prince harry makes ground zero pilgrimage*obama doj backs saudi royal family on 9/11 lawsuit*richard ‘yr govt failed you’ clarke says: 9/11 trauma defense – it’s a lie*abu hamza & more – additions to the 9/11 timeline as of may31*video: ny senator gillibrand supports new 9/11 investigation*obama appoints 9/11 commissioner to post of envoy…
-
Econocrash: Free Drugs, Cut Jobs & Total Control
pfizer offers free prescription drugs for the jobless the system is designed to exert total control over the individualfrom global research: What impresses me in the current financial crisis is the near-total failure of so-called progressives to appreciate the magnitude of what is going on or the level of intelligence behind it. How many will…
-
econocrash updates: derivatives, threats & debts
video: federal reserve cannot account for $9 trillion*US foreclosures hit record for 2nd month*economists’ letter says what went wrong*fdic, jpmorgan seek ouster of wamu stakeholder suit*obama releases tax increase playbook*wash gov ok’s tax cut for newspapers*treasury asks for control of derivatives market*sony suffers 1st annual loss in 14yrs*gm & chrysler to cut up to 3,000…
-
econocrash: chrysler files for bankruptcy, will get $8b more
from reuters: Chrysler LLC filed for bankruptcy on Thursday after talks to restructure its debt with lenders broke down. Despite intense negotiations over the past few weeks, Chrysler failed to gain the full support from its lenders to avoid the first-ever bankruptcy filing by a major U.S. automaker. At the same time, Chrysler as expected…