Here's a sad little saga. After convincing our government that it was responsible enough and commercially viable enough to deserve a multi-billion-dollar bailout, Chrysler spent some of the money taking out full page ads in The Wall Street Journal and USAToday, thanking America for its money. They a...

When Idris Jala was hired as CEO of a failing state-owned airline he had exactly three and-a-half months operating cash in which to turn it around—no bail out, no other options. He succeeded well beyond expectations with a combination of laser focus on the P&L statement and his own view of lea...

You were probably expecting me to finish that statement with the phraze the chicken or the egg? However, after watching clips of Alan Mulally of Ford, Robert Nardelli of Chrysler LLC, and Rick Wagoner of General Motors jet-setting to Capitol Hill and treat our Senators with arrogance and disdain, I ...

You were probably expecting me to finish that statement with the phraze the chicken or the egg? However, after watching clips of Alan Mulally of Ford, Robert Nardelli of Chrysler LLC, and Rick Wagoner of General Motors jet-setting to Capitol Hill and treat our Senators with arrogance and disdain, I ...

I am reminded of those dancing hippos in Disney’s Fantasia. Everyone is dressing up nice, flying on their fanciest corporate jets, puffing themselves up before the camera. Congressmen, Titans of failing industry, Senators, Talk Show babblers, Union Leaders. It’s all a dance with far more...

Here are two pieces this week, from the multitude of them about the continuing turmoil at Yahoo (YHOO), that really stand out for me. Both encapsulate the dicey situation that the troubled Internet company finds itself in now–which is to say very dicey. One from The Wall Street Journal’s...

Filed under: Chrysler, Earnings/Financials Chrysler LLC CEO Bob Nardelli learned the hard way recently that you never, ever use the term "bankruptcy" in any context whatsoever when in polite company. In a meeting with employees earlier this month, Nardelli was asked if the automaker was bankrupt, to...

Filed under: Chrysler, Earnings/Financials Chrysler Chief Executive Robert Nardelli tells a grim tale for the automaker's 2007 financial report. He has informed employees that the company is barreling towards a substantial loss this year. Bankruptcy would be imminent without $10 billion recently rec...