James Gattuso handles regulatory and telecommunications issues for The Heritage Foundation as a Senior Research Fellow in its Roe Institute for Economic Policy Studies. Read his research.
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Chrysler is declaring bankruptcy. The step that was once declared “off the table” is now a reality. And that’s good news. The bankruptcy process provides… Read More
Congratulations. If you are a U.S. taxpayer, you will soon be a part owner of a car company. Under the latest reorganization plan released by… Read More
The Obama Administration tried to portray the plan as no big deal, akin to simply filling in a loophole. The idea was to provide the… Read More
General Motors today took one more step toward what is increasingly looking like an inevitable bankruptcy when its chief financial officer declared that it did… Read More
For days, President Obama and 19 other world leaders have been meeting in London — with an occasional side visit with the Queen — to… Read More
Yesterday, four small banks became the first in the country to pay back taxpayer money received from the government. The banks – Old National Bancorp… Read More
[youtube]http://www.youtube.com/watch?v=OmDiDJ7QrdU&feature=related[/youtube]Times certainly aren’t what they used to be for corporate executives, with so many of the perks formerly enjoyed being cut back or eliminated. But… Read More
Last night, the CEO of General Motors, Rick Wagoner, was fired by the President of the United States. Perhaps not “fired” in the strict legal… Read More
Should the federal government have broad authority to seize private financial institutions on the verge of collapse to keep them from harming the economy? President… Read More
As more details emerge as to bonuses paid by bail-out insurance giant AIG, the nation’s outrage is growing. According to figures released by New York… Read More
