lou gerstner
| 10:20AM 12/03/2009
Remember General Motors? Taxpayers own 60% of this former world leader in cars, trucks and the like. Back in the 1950s, GM controlled half the market, but by the time it filed for bankruptcy in June 2009, that share collapsed to 19.5%. And between 2000 and 2009, GM's board kept on supporting CEO...
| 5:30PM 7/13/2009
Steve Rattner, the Democratic Party fund raiser extraordinaire (with whom I have worked) will leave his job as car czar at a good time. When President Obama visits Martha's Vineyard this summer, Rattner will be able to entertain Obama at his 15,500 square foot estate there and not have to worry...