The Capitalist Challenge: NEW IDEAS FOR INVESTMENT

HOW can we capitalize on the inherent desire of people all over the world that things should be done, wherever they can be done, by private enterprise?” This fundamental question was raised by David Lilienthal, onetime chairman of the Tennessee Valley Authority, now a consultant to foreign governments on their own development programs.

Share

GM and German Government Still Wrangling Over Opel

German Chancellor Angela Merkel’s race to save automaker Opel — and the jobs of its 25,000 employees in Germany — is beginning to look like a high-speed pileup that could cost her at the polls. To get talks with Opel owners General Motors back on track, Merkel is reportedly ready to abandon her previous plan to force GM to sell a controlling stake in its European business to a consortium of Canadian-Austrian car-parts maker Magna International and Russia’s Sberbank

Share

Rwandan to face genocide charges in Finland

Finnish prosecutors will file genocide charges against a Rwandan man in the killings of 15 people during Rwanda’s ethnic cleansing bloodbath in 1994, authorities said Monday. GM will file a bankruptcy petition at 8 am ET (12 pm GMT), paving the way for a de facto government takeover, according to a source with direct knowledge of the bankruptcy proceedings

Share