Tag Archives: bailout

HEY, AMERICA: IT’S A LOAN

By Joel Thurtell Can we get something straight between Detroit and America? What the newspaper industry is seeking in Washington is a loan,  L-O-A-N, as in something you borrow and then pay back — with interest. This is not a … Continue reading

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Cards on the table

Cards on the table 11/17/08 [donation] By Joel Thurtell Reading last weekend’s Detroit Free Press, with a veritable phalanx of columnists weighing in for a bailout of Detroit’s car-makers, was a pretty daunting experience for me. I’ve taken the opposite … Continue reading

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Pigging out in Detroit

Pigging out in Detroit 11/14/08 [donation] By Joel Thurtell What was put in place at that time was very appropriate. — Nancy Rae, executive vice president for human resources and communications, Chrysler LLC Very appropriate indeed. If your name is … Continue reading

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Next chapter for automakers: Number 11

Next chapter for automakers: Number 11 11/12/08 [donation] By Joel Thurtell Longtime readers of JOTR won’t need me to remind them how offended I was by all the triumphant high-fiving and self-backslapping the Detroit Free Press did when Detroit’s former … Continue reading

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Bailout bonuses

Bailout bonuses 11/11/08 [donation] By Joel Thurtell The company (Ford) will also eliminate merit pay and bonuses next year. — Detroit Free Press, November 8, 2008 The automaker (Ford) is moving to increase its cash by as much as $17 … Continue reading

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Assets for sale!

[donation] By joel Thurtell Just came back from a reconnaisance mission. In my garage. The news is good! I have assets for sale, too. Just like those big Wall Street banks. I heard this trillion dollar federal bailout of the … Continue reading

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