TOP 100 TRANSPORTATION AND LOGISTICS SITES
| |||
|
| |||
| |||
|
| |||
| You've Got GM, President Obama: Build Natural Gas Vehicles Dr. O submits:President Obama has rejected the reorganization plans submitted by General Motors (GM) and Chrysler Corporation. Obama fired GM's CEO, Rick Wagner. The company has 60 days to submit a more "acceptable" restructuring proposal in exchange for more of our taxpayer money (Government aid).This coincided but did not necessary cause stock and commodity markets world wide to fall another 2-5% across the board. Hardest hit were the financials. Bank managements across the country must be wondering if GM's fate is prologue to their own.Complete Story » seekingalpha.com |
Government Intervention: A Vision for the Future Harry Long submits:"The wise and correct course to follow in taxation and all other economic legislation is not to destroy those who have already secured success but to create conditions under which every one will have a better chance to be successful." (Calvin Coolidge) Primitive human societies were characterized by the few taking from the many. Modern primitive societies are characterized by the many voting to take the property of the few.Complete Story » seekingalpha.com |
China's SOEs Airlines are getting squeezed in China. forbes.com |
China's Economy: Everything Looks Great, Yet Many Reasons for Disquiet Craig Pirrong submits: Trying to figure out what is going on with the Chinese economy is a first-order issue. Superficially, everything looks great; growth is right on official targets, and is at levels that the world would envy even during boom times. In spite of that–no, because of that, among other things–there are many reasons for disquiet. An article in yesterday’s Reuters strikes a very odd note:Complete Story » seekingalpha.com |
Federal-Mogul Corp Q3 2009 Earnings Call Transcript. Federal-Mogul Corp. (FDML)Q3 2009 Earnings CallOctober 29, 2009; 09:00 am ETComplete Story » seekingalpha.com |