Talk about a clash of cultures. It will be fascinating, in kind of the same way a cockfight is fascinating, if you can ignore the blood, to see how Chrysler fares with its new partners. If a company run by Fiat execs, the union, the federal government and what’s left of the Chrysler management can [...]

Okay, so tell me this: why is Rick Wagoner forced out at GM, when all those bankers who destroyed the world’s economy get to stay? Not that he doesn;t richly deserve the old heave-ho. After all, during his reign he presided over a massive decline in market share and value of the company. As Obama [...]

The latest analysis of General Motors’ financial condition is grim, indeed. They’re asking for an additional $30 billion, but the auditors are asking a far different question.