Top Republican questions GM/administration over TARP funds used to pay back loans

By Mark Kleis A top Senate Republican, Charles Grassley, questioned the Obama Administration regarding the recent announcement by General Motors that all federal loans had been repaid. Grassley believes that the loans were in fact paid back with other federal bailout funds – not from profits due to the operation of the automaker. GM announced on […]

Ford’s Alan Mulally receives million dollar raise for 2009 by MARK KLEIS

Ford’s CEO, Alan Mulally, who is often credited for the automaker’s recent turnaround, received a raise of nearly six percent to a total compensation package of $17.9 million for his effort in 2009. Ford posted a $2.7 billion profit for 2009 – the first annual profit in four years. In 2009 Alan Mulally earned just […]

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