Tarnished Reputation

Expert suggests GM avoiding mentioning Volt to avoid memories of bailout
President Obama driving a Volt / Wikimedia Commons

General Motors has shied away from promoting the Chevrolet Volt in 2013 as the federal government begins selling off its final shares of company stock, a move one expert said may have been made to avoid reminding the public of the federal bailout.

Fair Game

Conservative think tank slams hypocrisy of Obama ally
CAP founder John Podesta / AP

A conservative think tank that the Center for American Progress has accused of being a corporate shill slammed the liberal behemoth for its reported hypocrisy.

Treasury Prepares to Lose Big on GM Bailout

Government will take loss in the billions
gm-logo

The Treasury Department announced Wednesday it will sell its remaining shares of Detroit-based automaker General Motors and the result will be a loss for taxpayers in the billions of dollars, Politico reports.

Making Mullah Mobiles

Bailed-out GM owns stake in French car company with ties to Iran
Tehran, Iran / AP

A French car manufacturer that is partially owned by the taxpayer-funded General Motors Company (GM) claims to have ceased its longtime business dealings with Iran, though experts have cast doubts on this claim.

Losing Ground

United States behind Mauritius and Qatar in survey of worldwide economic freedom
AP Images

The United States ranked 18th in a recent study on worldwide economic freedom, falling behind countries such as Finland, Chile, Mauritius, and Qatar.