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Can Ford Avoid Fate of GM and Chrysler?
With General Motors Corp. and Chrysler LLC striving to stay out of bankruptcy Ford Motor Co. envisions itself as the “last man standing” as a result. Ford’s strategy sees them stealing customers from its weakened crosstown rivals, and separating from GM and Chrysler in the minds of...
AIG’s 6 Year History of Alleged Fraud
AIG’s 6 Year History of Alleged Fraud
Investigations by the New York Attorney General’s office, the Federal Bureau of Investigation, the Securities and Exchange Commission, and the British Serious Fraud Office has disclosed that AIG was guilty of much more serious actions, over the last six years, than the bonus disbursements, and...
Opinion: Both Parties are to Blame for Financial Meltdown
Opinion: Both Parties are to Blame for Financial Meltdown
I can’t help but to blame both political parties for our financial meltdown. While it’s true that some of the failed policies of the Bush Administration over the last eight years led us to financial ruin, both parties had a hand in the mortgage meltdown and here’s how. The Republicans...
Obama Discussed AIG and other Finacial Economic Issues on Tonight Show with Jay Leno
Obama Discussed AIG and other Finacial Economic Issues on Tonight Show with Jay Leno
President Obama appeared on the Tonight Show last night. He’s the first sitting president to have done so. In his appearance with Jay Leno he discussed the AIG bailout and other controversies surrounding AIG. He also talked about his Treasury Secretary and issues related to the recent economic...