gm
John Oliver Produced an Ad for GM's Definitely Non-Grenade-Like Cars
Jay Hathaway · 05/20/14 09:53AMGeneral Motors recalled another 2.7 million vehicles due to faulty ignition switches last week, bringing its total for the year to 11 million. Worse, the company apparently knew about the defects as far back as 2001, and a leaked memo revealed a list of words—including "Kevorkianesque" and "sarcophagus-like"—that GM employees aren't allowed to use to describe the recalled cars.
The Myth of the CEO
Hamilton Nolan · 04/03/14 03:10PMFord's Great Parody of Cadillac's Latest Rich-Asshole TV Ad
Adam Weinstein · 03/31/14 10:34AMWrigley's, GM Pull Ads from Skins
Adrian Chen · 01/22/11 04:43PMHere Is a 300 MPG See-Through Car
Henry Baker · 09/02/10 03:45PMYou Could Be Eating This 'Frankenfish' in 18 Months
Max Read · 08/26/10 01:47AMThose of Us Who Aren't Killed and Eaten Have a Bright Economic Future
Hamilton Nolan · 11/16/09 04:06PMYour Name Here
cityfile · 11/02/09 11:45AMThe GM Building may not be the GM Building for much longer. Naming rights are up for grabs now that the automaker has gone bankrupt. And it's quite an opportunity: "This is the first time since 1968, when General Motors completed construction of the 50-story tower at 767 Fifth Avenue, that the rights to dub perhaps the single most coveted skyscraper in the country—on Fifth Avenue, above the Apple cube, across from the Plaza and Central Park, in the center of what is arguably the country's, if not the world's, most glamorous shopping district—are available." Let's all hope that existing tenant Apple swoops in and lands the deal. Otherwise, the building named after a bankrupt automaker could go back to looking like this, which wouldn't be an improvement at all, now would it? [NYO]
Rich Guys Who Got Federal Money Won't Get Richer This Year
John Cook · 10/21/09 03:03PMNow Theft-Worthy: Salt
Hamilton Nolan · 07/10/09 11:47AMThe Apple Building?
cityfile · 06/22/09 03:30PMDarcy Stacom, the commercial real estate broker who convinced Mort Zuckerman's Boston Properties to pay $3.5 billion to buy the GM building in 2008, has suggested that Apple cough up a few bucks and pay Zuckerman for the right to rename the tower, so it doesn't sport the name of a bankrupt automaker. Let's hope Steve Jobs sets aside his health issues and moves quickly on this opportunity to plant a glowing white apple at the top of the skyscraper. Considering Zuckerman has already turned the "Citigroup Center" into "601 Lexington Avenue," the GM building may turn into the much blander-sounding "767 Fifth Avenue" if he doesn't. [Reuters]
Labor Relations Expert Mickey Kaus on GM
Pareene · 06/02/09 12:25PMWall Street: Tuesday Morning
cityfile · 06/02/09 05:56AM• JPMorgan Chase, American Express and Morgan Stanley all announced plans to raise fresh capital today, so they're prepared to repay the taxpayer money they've received as soon as Washington gives them the go-ahead. [WSJ, BN]
• Related: The Federal Reserve says next week it will announce an initial set of banks that have been approved to exit the bailout program. [NYT]
• Citigroup has stopped paying out massive severance payouts to a handful of execs who recently left the company. Is it legal? Not really, but they're betting that it would be too embarrassing for them "to file lawsuits against the struggling, taxpayer-backed company seeking the money." [WSJ]
• Ex-Bear Stearns chief Alan Schwartz is joining Guggenheim Partners. [WSJ]
• After a good day on Monday, stocks are taking a breather today. [NYT]
• GM says it has a deal to sell Hummer, but won't disclose the buyer. If you were buying Hummer, would you want your name publicized? [WSJ]
Why Didn't We Listen to Michael Moore?
Pareene · 06/01/09 12:51PMWho Killed GM?
Pareene · 06/01/09 10:29AMWall Street: Friday Morning
cityfile · 05/29/09 05:43AM• It looks like General Motors will file for bankruptcy on Monday. [WSJ]
• Bill Ackman, the activist investor who's been taking aim at Target for months now, lost his battle to remake the company's board yesterday. [Fortune]
• A group of banks and money managers are now trying to "fend off" some of the new trading rules proposed by the Obama administration. [WSJ]
• The U.S. economy shrank at a 5.7 percent annual pace in the first quarter, which makes it the worst six-month performance in five decades. [BN]