Barack Obama to order salary cuts at bailed-out firms external link

EducationGuardian.co.uk | by Andrew Clark | Wed, Oct 21

EducationGuardian.co.uk is the #6 News Source for Chrysler

Mitch McConnell, the Republican leader in the US senate, said government intervention was inevitable, given the amount of money committed to bailout efforts: "If the federal government is a partner, in effect, in these companies, then it ought to have some say on compensation."

[Read original...]

2 bloggers weighed in on a similar topic

Last Month, ironman from 1853 Chairman says (in Inside the Chrysler, GM rescues) Chrysler and the United Auto Workers declined comment on Rattner’s observations.

Rattner tells a dramatic back story of Chrysler’s near-death experience. Daimler AG, which bought Auburn Hills-based Chrysler in 1998, had "badly run" it, he wrote, as did its successor, Cerberus Capita...

8 Months Ago, ironman from 1853 Chairman says (in Opinion: Feds to take hands-on role in GM, Chrysler restructuring) The administration has set strict timetables for GM and Chrysler to complete restructuring and if required changes are not made is likely to force the automakers into bankruptcy in the coming months.

After extensive consultation with the administration, (Fiat) has committed to build...

Try These Related Topics

 

More EducationGuardian.co.uk

Related News

Top Bloggers

Photo Gallery

Autoblog Podcast #147

Thumbnail Episode #147 of the Autoblog Podcast is ready for your consumption. Chris calls in to Sam and Dan, and the trio bites into a few timely topics. BMW's move to put its turbo 4.4 liter V8 into the M5 is our first subject of conversation, before moving on to more powertrain news with the rumors that th...
Tue, Sep 29 |  from Autoblog

 

Related Videos

 
 

Photo GalleryPhoto GalleryPhoto GalleryPhoto GalleryPhoto GalleryPhoto GalleryPhoto GalleryPhoto GalleryPhoto GalleryPhoto GalleryPhoto GalleryPhoto GalleryPhoto GalleryPhoto GalleryPhoto GalleryPhoto GalleryPhoto GalleryPhoto GalleryPhoto GalleryPhoto GalleryPhoto GalleryPhoto GalleryPhoto Gallery

Do you publish a blog? If so, consider joining the Boxxet Network and see your great content showcased and rewarded! Learn more...

©2009 Boxxet, Inc. | Contact | Privacy Policy | Terms of Service
Page updated Fri, Nov 20.