Archive for the ‘Foreign Cars’ Category
> Bush Aids Detroit, but Hard Choices Wait for Obama
By DAVID E. SANGER, DAVID M. HERSZENHORN and BILL VLASIC
A $13.4 billion loan to General Motors and Chrysler may be followed by $4 billion more if the Obama administration finds sufficient progress.
After Lifeline, Big 3 Are Still in Deep
By MICHELINE MAYNARD
Planned changes at G.M. and Chrysler are necessary in the short term, but they offer few fresh ideas, and no company can keep cutting its way to prosperity.
Madoff Scheme Kept Rippling Outward, Across Borders
By DIANA B. HENRIQUES
Bernard L. Madoff’s fraud, the first worldwide Ponzi scheme, lasted longer, reached wider and cut deeper than anything like it in history.