When Will the Treasury Be Done With General Motors?
Back in 2009, the U.S. Government jumped to the rescue of General Motors (NYSE:GM) with a $40.5 billion loan — but now the automaker is well on its way out from under the loan these days. According to...
View ArticleWhat Will GM Gain From the U.S. Treasury’s Exit?
There’s no question the image of General Motors (NYSE:GM) suffered from receiving a government bailout, but it was a trade-off the automaker had to make to survive. As the U.S. Treasury plans to sell...
View Article9 Detroit Vehicles That Prove the Auto Bailout Was a Success
Joe Biden said he was “like a kid in a candy store” at the 2014 Detroit Auto Show. The jolly Vice President of the United States bounded through the exhibits of U.S. automakers at the annual event,...
View ArticlePartisan Politics Have Convinced Longest-Serving Congressman to Retire
Source: John Dingell Rep. John D. Dingell, the 87-year-old Michigan Democrat who represented districts including both Detroit and Dearborn over the course of his career, announced on Monday that he...
View Article5 Events That Shaped the United States in 2014
Source: Saul Loeb/AFP/Getty Images In his final press conference of last year, President Barack Obama predicted 2014 would be a breakthrough year for the United States. And, last Friday, he asserted...
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