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Supreme court ruling considers carbon dioxide and greenhose gases air polutants under the Clean Air Act. Look for tougher new emissions laws for automobile pollutantsa and emissions. Fuel economy increases are one way the auto emissions isssue may be handled in the future.
Supreme court ruling considers carbon dioxide and greenhose gases air polutants under the Clean Air Act. Look for tougher new emissions laws for automobile pollutantsa and emissions. Fuel economy increases are one way the auto emissions isssue may be handled in the future.
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How in the end the Bancrroft family with its many divisions just folded up and settled for Dow Jones assuming their lawyer and investment bankers advisory fees.
How in the end the Bancrroft family with its many divisions just folded up and settled for Dow Jones assuming their lawyer and investment bankers advisory fees.
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Management role of Wagoner shifts as Henderson assumes more operating role at General Motors.
Management role of Wagoner shifts as Henderson assumes more operating role at General Motors.
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Until now it was not known where Cerberus would be taking some of the markdowns on its losses on the GMAC investment. Now a bank in Japan in which Ceberus has a controlling interes A ozara Bank says it will take a $130 million loss on its $500 million investment in GMAC. A ozara will take $440 million in losses on mortgage securities. Feinberg of Cerberus sees further losszes from GMAC if the economy deteriorates and credit conditions worsen but he says in a note that he gor GMAC at a low enough price that he feels that at this time Cerberus is protected.
Until now it was not known where Cerberus would be taking some of the markdowns on its losses on the GMAC investment. Now a bank in Japan in which Ceberus has a controlling interes A ozara Bank says it will take a $130 million loss on its $500 million investment in GMAC. A ozara will take $440 million in losses on mortgage securities. Feinberg of Cerberus sees further losszes from GMAC if the economy deteriorates and credit conditions worsen but he says in a note that he gor GMAC at a low enough price that he feels that at this time Cerberus is protected.
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