The carmaker hoped findings from two federal studies would put to rest speculation about its electronics system as a source for unintended acceleration. But the results may not prove enough to give Toyota a leg up in its ongoing legal battles.
The Financial Crisis Inquiry Commission's report concludes that ineffective regulators and big banks were the primary causes of the financial meltdown. Next stop: Government and class action lawsuits to recoup some of what we all lost, and (please please please) criminal charges against the worst offenders too.
The Obama administration's auto industry task force failed to fully consider how many jobs would be lost at car dealerships when it rushed General Motors and Chrysler into bankruptcy last year, according to an auditor's report. Administration officials say they acted prudently.
