Day: September 12, 2011

News

Quirky Swedish Car Maker SAAB files for bankruptcy protection.

In an effort to stave off creditors and salvage the company, SAAB has asked a Swedish court to allow it to enter into bankruptcy reorganization from which it expects to emerge in three months time. Currently SAAB is owned by Swedish Automobile, formerly known as Spyker, a Netherlands based concern. Swedish Automobile is waiting on […]

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News

Explosion at French Marcoule nuclear plant.

One person has been killed and four others injured at a fire at a nuclear waste site in France. A security cordon has been set up around the perimeter of the reprocessing plant where plutonium used for nuclear weapons is reprocessed into fuel for nuclear reactors. Because of this there is no danger of a […]

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News

Diplomatic cables reportedly detail US State Department’s intervention on behalf of the Big 3.

I have not read said cables but the Detroit News is reporting today that the US State Department intervened on behalf of the American Big 3 automakers on multiple occasions over the course of the financial crisis beginning in 2009. Not only were issues concerning the Big 3 detailed but also the Toyota recalls were […]

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