The Radford Free Press – Page 507 – All life is problem solving.

Economics / auto industry, Chrysler, Fiat, GM, recession /

Fiat on the Rise?

May 3, 2009

News has emerged over the weekend about the plans that Fiat has after its deal with Chrysler is consummated. The story is an ideal example of the way in which recessions produce opportunities as well as the more often described disasters. Somewhere the great economist Joseph Schumpeter is smiling: the ‘creative destruction’ he saw in […]

Economics / B. of A., bailouts, banking, Citibank, Geithner, TCE, Tier 1 Capital /

Bank Capital: This Week’s Hot Topic?

May 3, 2009

Just a gentle reminder to you all that we’ll be hearing a great deal about bank capital once again this week. Well at least it makes a change from Chrysler. The auto and banking industries have become the ugly stepchildren of this recession: both mired deeply in the muck and both very expensive to fix. […]

Economics / bankruptcy, Chrysler, creditors, TARP /

Chrysler: Let The Games Begin

May 1, 2009

As the continuing Chrysler story continues to unfold thefocus now shifts to Manhattan and the courtroom of Judge Gonzalez. The preliminary hearings began this morning and already the stage is being set for the upcoming fight between the company and the minority group of creditors whose rejection of the government’s last offer precipitated the bankruptcy […]

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