Attempting to prevent another financial mishap, the Fed has applied pressure on institutions to reform their bonus incentives.
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Can we now admit that the auto bailout of 2008-09 was a success? The just-released March auto sales numbers continue a trend we have seen build for a couple years now. The U.S. auto industry is thriving, even in a slow-growth economy. And, even better than that, “Detroit automakers outperformed the industry as a whole,” … Continue Reading →
Consider our two manufacturing industries. Both have a strong history of producing things Americans want.
GM’s Dan Akerson (DA) seems to have copied and pasted the Obama administration’s policy talking points on green energy initiatives
“(But) I believe that if our government is there to support you, and give you the assistance you need to re-tool and make this transition, that this (General Motors) plant will be here for another hundred years,” said Barack Obama in February, 2008, promising UAW workers at GM’s giant, troubled plant in Janesville, Wisc., that he … Continue Reading →