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Charles M Cooper
Charles M Cooper

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.

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Charles M Cooper
Charles M Cooper

Automaker Leadership Vows Cuts: Are They The Right Cuts?

Management is making cuts and concessions to wring another $25 billion from Congress, but is the key to success selling off their jets and canceling bonuses, or gaining the cooperation of the UAW to save their companies once and for all?

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Charles M Cooper
Charles M Cooper

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.

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Charles M Cooper
Charles M Cooper

Bankruptcy vs. Bailout: Which is Really Better for the Taxpayer

With the Big Three Automakers threatening bankruptcy if they don't get a government bailout, the question is whether it would be better: to let them go under and fall into the hands of a bankruptcy judge or bail them out and let them fall into the hands of Congress?

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