A vacation you can't refuse

• Power Point: Sacrifice and hang on

  "You think I would have gone through what I did the last two months if I didn't want to stay?"

  -- General Motors (GM) chairman and CEO Rick Wagoner, reiterating today that he's determined to keep his job. In exchange for a $13.4 billion rescue package (which will come from the government's $700 bllion TARP fund aimed at banks and Wall Street firms), executives at GM and Chrysler agreed to limits MORE

  Patricia Sellers - Dec 19, 2008 6:39 PM ET
  Posted in: auto industry, autos, bailout, Chrysler, F, Ford, General Motors, GM, Leadership by Geoff Colvin, management, Postcards, Power Point, Rick Wagoner, Washington

• Power Point: Prepare for the inevitable

  "We have a chance of being hung with a softer rope."

  -- Denny Fitzpatrick, chairman of the California New Car Dealers Association, in the New York Times today.  A government bailout of the Detroit automakers looks increasingly likely, but that's not necessarily good news for Fitzpatrick, a Chevrolet-Hummer dealer, and his brethren. The big three -- General Motors (GM) , Ford (F) , and Chrysler -- have told Congress that they MORE

  Jessica Shambora, Writer-Reporter - Dec 9, 2008 5:20 PM ET
  Posted in: auto industry, autos, Chrysler, Ford, General Motors, politics, Postcards, Power Point, Washington

• Where will the bailouts end?

  As the government commits more and more money to its multitudinous rescue efforts--of Bear Stearns, then AIG (AIG), then Citigroup (C) and its bank rivals, then Citigroup again, and now more money for Fannie Mae (FNM) and Freddie Mac (FRE)--we wonder: Where, oh where, will these bailouts end? In Detroit, with General Motors (GM), Ford (F)and Chrysler securing their desperately needed billions? Alas, the road to shore up capitalism will MORE

  Patricia Sellers - Nov 26, 2008 2:01 PM ET
  Posted in: AIG, auto industry, bailout, banks, Bear Stearns, Byron Wein, Chrysler, Citigroup, fannie mae, Ford, freddie mac, General Motors, GM, investing, management, Morgan Sanley, Pequot, Postcards, stock market, technology, telecom, unemployment, Wall Street, Washington

• Power Point: Do it better next time

  "Failure is simply the opportunity to begin again, this time more intelligently."

  -- Henry Ford, founder of Ford Motor (F). If only Mr. Ford could see this day when his company's stock has sunk to $1.26. That's a 26-year low. Ford's market cap is now a mere $2.9 billion.

  The leaders of the Big Three American automakers--Ford, General Motors (GM) and Chrysler--appeared on Capitol Hill again today to appeal for $25 billion MORE

  Jessica Shambora, Writer-Reporter - Nov 19, 2008 6:09 PM ET
  Posted in: auto industry, Chrysler, Dow, Ford, General Motors, mitt romney, politics, Postcards, Power Point, stock market, Washington

• Coopetition, frenemies and mergers in the making

  This morning, I read about the potential merger of General Motors (GM) and Chrysler. Then I read about the benign rivalry of two divas of the blog world, Arianna Huffington and Tina Brown. Two stories that have nothing to do with each other? You would think. But actually, they do. They point to a new reality of the business world: Competition isn't what it used to be. Competition becomes coopetition. MORE

  Patricia Sellers - Oct 27, 2008 5:14 PM ET
  Posted in: Ariana Huffington, Arianna Huffington, auto industry, banks, CEOs, Chrysler, Citigroup, Coke, consumer goods, Coopetition, Daily Beast, General Motors, GM, Goldman Sachs, Google, Hank Paulson, Huffington Post, Indra Nooyi, John Mack, Lloyd Blankfein, Martin Sorrell, Microsoft, Morgan Stanley, Muhtar Kent, Pepsi, Postcards, Roberto Goizueta, Roger Enrico, Silicon Valley, technology, Tina Brown, Vikram Pandit, WPP, Yahoo