Tuesday, October 17, 2017

Tag: General Motors

Summers Warns of Financial-Crisis Risk From Trump Economic Plans

Former U.S. Treasury Secretary Lawrence Summers attacked the policy proposals of Donald Trump on several fronts, saying the president-elect’s plans for deregulation were setting the stage for the next financial crisis. “The deregulation in some areas like finance is hugely dangerous,” Summers said Sunday in an interview on Fox News Channel....

The One Trillion Dollar Consumer Auto Loan Bubble Is Beginning To Burst

Do you remember the subprime mortgage meltdown from the last financial crisis? Well, this time around we are facing a subprime auto loan meltdown. In recent years, auto lenders have become more and more aggressive, and they have been increasingly willing to lend money to people that should not be...

Leaker, Speaker, Soldier, Spy

The Charmed Life of David Petraeus. I ran into David Petraeus the other night. Or rather, I ran after him. It’s been more than a year since I first tried to connect with the retired four-star general and ex-CIA director -- and no luck yet. On a recent evening, as the...

Top Chinese carmakers plot major push into India

China's top carmaker SAIC Motor Corp and Great Wall Motor, its biggest maker of SUVs, are spearheading the country's first major push into India, one of the world's fastest growing auto markets, as growth at home stagnates. The entry is late and risky - global carmakers like Volkswagen AG, Ford...

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