So who deserves mortgage help?
President Obama discusses the mortgage bailout in Mesa, Ariz. I guess that whole "I don't need a flag lapel pin to show my patriotism" thing is over, huh? (AP PHOTO) So now we have the mortgage bailout...
View ArticleHey renters, thanks for the bailout!
This probably won't help the home's resale value. (AP PHOTO) The focus in real estate these days is on the fact that prices have dropped since they peaked around 2005 or 2006. If you bought your house...
View ArticleYou Can’t Spell AIG Without An I
At lunch the other day, we decided that AIG should have their sales meetings at the new Holiday Inn Express in Neptune. The hotel won't have an elegant restaurant, but they could walk across Route 66...
View ArticleHey AIG, we can hear out of both sides of your mouth
This is not the hari-kari Sen. Grassley was looking for. It's not easy trying to convince Congress that you're really, really upset about your bailed-out company doling out $165 million in bonuses, but...
View ArticleCEO, meet VORP
The protestors in London today know if you want people to show up at your rally, bring babes. (AP PHOTO) One of my favorite baseball stats is VORP. If you're unfamiliar with heavy-duty statistics, it...
View ArticleAttention corporations: Do not hire this man
Robert Nardelli's got some 'splaining to do. (AP PHOTO) Robert Nardelli, CEO of Chrysler, plans to quitafter the automaker's bankruptcy is done. Given that he was at the wheel when the automaker drove...
View ArticleThis just in: Chrysler swipes car, pension from old man
Robert Nardelli is the poster child for CEOs who apparently don't need to produce profits. After all, the man was fired by The Home Depot, walked away a $210 million severance package, and then got...
View ArticleHave you driven a Ford lately?
The Ford family turned the Detroit Lions' misery into the No.1 pick in the NFL draft, quarterback Matthew Stafford. Maybe automakers need a draft. Can Chrysler pick a Lamborghini? (AP PHOTO) Last year,...
View ArticleMerry Christmas taxpayers! Here’s your money back!
Want to irritate a corporate executive? Call him to the White House for a lecture. (AP PHOTO) When you ask people what they think of all the corporate bailouts that the government launched with...
View ArticleGM repaid its loans, so everything’s OK now, right?
Over the weekend, you may have seen this commercial from GM, with CEO Ed Whitacre proudly strolling along a busy factory floor, telling the camera "We have repaid our government loan, in full, with...
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