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Automakers' debt could stifle deal (Fort Worth Star-Telegram)
By TOM KRISHER DETROIT — They’ll park some corporate jets, cut executive pay and serve up concessions from the United Auto Workers, but officials with Ford Motor Co., General Motors Corp. and perhaps Chrysler Llc. also will have to address huge debts to persuade a skeptical Congress to loan them money. As the CEOs of all three companies prepare for a return trip to Washington this week seeking ...
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Automakers' debt could stifle deal (Fort Worth Star-Telegram)
Tens of billions of dollars in liabilities may be an obstacle to federal loans.
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Deutsche Bank, Total, Lone Star, Porsche, Shell in Court News (Bloomberg)
Dec. 2 (Bloomberg) -- Deutsche Bank AG , Germany's biggest bank, sued three Highland Capital Management LP funds for more than $70 million over missed margin calls on commercial real- estate-backed securities.
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Tories, Grits hurl insults during political showdown (CTV Winnipeg)
The political showdown in Ottawa reached a fever pitch in Parliament Tuesday as Prime Minister Stephen Harper accused his foes of "betraying" voters while the opposition said the Tories have been misleading the country with doublespeak.
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UPI NewsTrack TopNews (Moldova.org)
Officials hope new program thaws marketsWASHINGTON, Nov. 25 (UPI) -- U.S. Treasury and Federal Reserve officials say they hope a broad, new lending program for consumers and businesses will help thaw frozen loan markets.U.S. President-elect Barack Obama also is scheduled to name Peter R. Orszag as his choice for budget director Tuesday, as well as outline a budget reform package that will call ...
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Public Notices (Columbia Star)
PUBLIC SALE NOTICE The following vehicles were ordered towed by Law Enforcement and no one has claimed these vehicles as of November 28, 2008.
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City of Adel seeks EPA grant for Brownfield cleanup (Mid-Iowa News)
Last month, the Adel City Council authorized city administrator Chad Bird to pursue a "guaranteed grant" for Brownfield site assessments inside the city limits through the Howard R. Green Company offices in Des Moines.
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UPI NewsTrack TopNews (UPI)
News from United Press International, around the world around the clock ...
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How to keep US carmakers on the road (Times Online)
If General Motors, Ford and Chrysler get the bailout from the US Government that their chief executives have asked for, you can kiss the American car industry goodbye. It won't go overnight, but its demise will be virtually guaranteed.
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The Humpty Dumpty Economy (GoldSeek.com)
By: Peter Schiff, Euro Pacific Capital, Inc. Before the current economic crisis became apparent to all, the most popular fable used to describe America’s uncanny economic resiliency was the story of Goldilocks.
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