Tag Archives: overhaul

Chrysler Pays Back Taxpayers. Fiat Now Firmly in Control

The historic bailout differs this time around in what’s left and more importantly who owns it – along with the familiar, nagging question, can Chrysler make it? The new Chrysler Group is now firmly, irrevocably in the hands of Fiat, an Italian multinational firm, which has a global fight in front if it as it too competes to survive in an automobile business dominated by much stronger competitors. Continue reading

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Ex Car Czar Rattner Settles Bribery Charges for $10 Million

Steven Rattner, the Obama Administrations’ former “car czar,” has settled bribery charges in New York by paying a $10 million fine and agreeing to banishment from appearing before any public pension fund within the State of New York for five years. … Continue reading

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