Automaker Bailout Part 2: It is Raining Money!

At the risk of telling you “I told you so,” well, I told you so! The original Big Three Dog and Pony Show before Congress netted the Detroit automakers billions of taxpayer dollars, changed the company jet from an executive perk to a major PR liability and later on led to the same effect on the humble thank you note. Other than that, not much seems to have changed. After all, if things were different, two of the Big Three wouldn’t be back for another helping of bailout pie.

Read Full Story »

Posted: 2/18/2009 | Comments (0)

Finally! Something Good from Sarbanes-Oxley

It is one thing to destroy your own company, but quite another to destroy your company, cripple your industry and then fly in your company private jet to wheedle taxpayer money out of Congress so you can keep on with your wasteful ways. Pity, but there will likely be a bailout, but the least Congress can do is throw the Sarbanes-Oxley book at them.

Read Full Story »

Posted: 11/19/2008 | Comments (0)