Obama announces success with Chrysler, doubles down with GM.

GAO says that advanced technology cars may not have the ROI GM needs to become profitable again.

Bob Corker has been cynically lying. He has been claiming that if GM’s Spring Hill plant is closed in bankruptcy, it will be the result of politics. But Corker undoubtedly knows that, one of the few things used as collateral for any of GM’s secured debt, Spring Hill will be one of the first things to be liquidated.

The evidence mounts that Citi and Bank of America are so stressed they couldn’t make it through earnings season honestly.

Ken Lewis let Merrill Lynch aware $3 billion dollars in bonuses just as Bank of America–with financial support of you and I–took over Merrill Lynch. Which, in itself, is reason why Lewis deserves to be fired at least as much as Rick Wagoner.

Bob Corker’s wailing up a storm because Obama hasn’t busted the UAW yet. And then he’s wailing up a storm to keep his UAW GM plant in TN.

As they were in November, December’s sales stunk. But some manufacturers didn’t stink as much as you’d think.

The Fed just awarded GM’s finance arm bank status.

Remember how Bob Corker and Richard Shelby told you that GM had a failed business model, as compared to Toyota’s tremendously successful model? Then why is Toyota losing money?

It appears that the White House plans to do the same thing the Senate Republicans intended to do last week: put their anti-union ideology over any good faith efforts to do what makes sense for GM.