Nevada Sen. John Ensign May Stall Auto Bailout, Thinks Casinos Deserve …

Sen. John Ensign (R-Nevada) told CNBC this morning he's not happy with the auto bailout bill. The Senator from Vegas is so unhappy he's willing to gamble on a real bankruptcy occurring while he tries to figure out how to make a pre-packaged bankruptcy occur. But don't think Ensign's making his decision on high-minded… » 12/09/08 9:30am 12/09/08 9:30am

Full Text Of The Not-So-Big Three Automaker Bailout Bill

We're not usually ones for jamming our thumbs into our own eyes. Be that as it may, we're going to start sifting through the full discussion text of the automaker not-a-bailout bill entitled: "To authorize financial assistance to eligible automobile manufacturers, and for other purposes." Sounds thrilling, doesn't it?… » 12/08/08 4:50pm 12/08/08 4:50pm

Not-So-Big Three Bake Sale Raises Enough To Fund CEO Salaries

With all this talk of corporate jets, slumming it on road trips and idling hybrids, it’s easy to lose track of the human cost of Carpocalypse Now. Has anyone thought of the standard of living adjustment the Big 3 CEOs will have to take when their salaries are cut from tens of millions to a paltry $1-per-year? One man… » 12/05/08 12:40pm 12/05/08 12:40pm

Report: GM, Chrysler Consider Bankruptcy For Federal Bailout Loan

The CEOs of the not-so-Big Three made it to DC for committee hearings beginning today at 10:00 AM. According to Bloomberg's sources, GM and Chrysler execs are considering a pre-arranged bankruptcy (which we've already said is a good thing) as a last-resort of getting a multibillion-dollar government loan. » 12/04/08 8:40am 12/04/08 8:40am

Automobile: Detroit's Ten Most Relevant Products

The crew at Automobile's come up with ten cars lawmakers and pundits should keep in mind before letting the Carpocalypse consume the not-so-Big Three — and for once, it doesn't include the Ford F-150 or Chevy Corvette. » 12/03/08 1:00pm 12/03/08 1:00pm

Congressman Urges Automaker CEOs To "Jetpool" When Heading To DC Begging …

New York Congressman Gary Ackerman feasts upon a buffet of "delicious irony" as he asks the CEOs from the Not-So-Big Three to perhaps save some cash and fuel by using a single jet together rather than individual private jets from Detroit to D.C. to beg for bailout dollars from the Feds » 11/19/08 5:50pm 11/19/08 5:50pm. We even hear Reagan National's…

Not-So-Big Three Automakers Take Corporate Jets To Beg For Money From…

It's probably a bad thing to fly a private jet from Detroit to Washington, DC when you're going to ask Congress to provide you a multi-billion dollar loan to bail you out of a financial crisis. That fact hasn't stopped Ford's Alan Mulally, along with the heads of the other automakers, who not only flew to D.C. in the… » 11/19/08 12:00pm 11/19/08 12:00pm

GM Spam Campaign Begs Saturn Owners For Help

In attempts to tap their customer base for assistance in avoiding this Financiapocalypse » 11/18/08 4:30pm 11/18/08 4:30pm, GM has emailed an unknown number of their product owners in an effort to get them to speak out to their local congressman regarding the pending bridge loan. We've intercepted one of these emails and have it posted below the jump. …

Barack Obama Will Not Meet Rick Wagoner Without Preconditions

Barack Obama took time away from talking about his mother-in-law » 11/18/08 10:30am 11/18/08 10:30am and to talk about the automaker bailout in an interview on CBS' . While admitting Detroit needs help, he said it's important to make sure it's conditioned on the stakeholders (labor, suppliers, execs) coming up with a plan for a sustainable domestic…

CNBC's Jim Cramer: "What's Good For GM Is Still Good For America"

The red rubber bull-biting bald man by the name of Jim Cramer had a mouthful to say about the Motor City today — making clear his belief that if Motown gets showed D.C.'s checkbook, then we've seen the lows of this financial downturn. I tend to agree. Right now, according to Cramer, the issue isn't anymore whether you… » 11/14/08 6:45pm 11/14/08 6:45pm