At the Gate of Recession High yield spreads remain stubbornly high despite dramatic interventions from UK and US central banks. Banks are hording cash due to mistrust and fear over who will make the next big write down. Natio…
Sun, 30 Mar 2008 22:35:46 PDT Jim Press and Chrysler clarify hybrid subsidy comments Jim Press has found that his comments have landed him somewhere between a rock and a hard place, with his current position at Chrysler on the one hand and his former employers at Toyota on the other. In an interview with BusinessWeek, …