New Orleans Ken Lewis, the CEO and Chairman of Bank America has somehow joined Vikram Pandit of Citi as about the only old bulls of banking still left sitting after the implosion within the financial services industry. It is almost unbelievable that they are still there. [...]
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New Orleans News of a settlement by the United Auto Workers (UAW) averting bankruptcy at Chrysler and announcements by General Motors of their strategy for survival create a historic reinvention of capitalism in modern America. If these plans are implemented, then the UAW will own some 39% of GM and 55% of Chrysler. The [...] |
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