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Tag: bailouts
FirstEnergy, AEP bailouts reward companies' bad calls: Thomas Suddes
2016-04-10 11:41:31| Energy - Topix.net
In this Oct. 5, 2011 file photo, the cooling tower of the Davis-Besse Nuclear Power Station looms over an adjacent farm in Oak Harbor, Ohio. The Public Utilities Commission of Ohio has awarded plant operator FirstEnergy a power purchase agreement for Davis-Besse and some coal plants.
Tags: bad
companies
thomas
calls
Obama plans to attend Detroit auto show, touts bailout's success
2016-01-09 21:07:37| Automakers - Topix.net
President Obama took the stage in 2010 at Fiat Chrysler's Jefferson North plant in Detroit in one of several trips to Michigan to celebrate the success of the U.S. auto bailout. Photo credit: BLOOMBERG President Barack Obama, who has taken several victory laps to celebrate the successful U.S. bailout of General Motors and Chrysler in 2009, said today he is planning to attend the 2016 Detroit auto show.
The Government Bailouts Just Ended, With Billions In Profit
2014-12-22 16:39:02| Automakers - Topix.net
On Friday, the U.S. Treasury Department announced that it had sold its remaining shares of Ally Financial, the former financing subsidiary of General Motors, for $1.3 billion, effectively ending the auto and bank bailouts it began under President George W. Bush in 2008. The government also announced that the Troubled Asset Relief Program for banks and the Detroit bailouts yielded $15.35 billion in profit .
Tags: government
ended
profit
billions
Auto bailout's pluses override minuses
2013-11-26 13:00:19| Automakers - Topix.net
The federal government's exit from General Motors Co., set for the end of the year, may officially close the era of "Government Motors."
Tags: auto
override
pluses
minuses
Ford Motor Co. fuels profits with innovation, not government bailouts
2013-07-29 09:41:16| Automakers - Topix.net
About the only good news in Detroit these days is coming from Ford Motor Co., which last week reported significant profits in the second quarter and record sales in North America and Asia.
Tags: government
motor
ford
innovation