Peter Flaherty

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Government Motors, Part IV: The Chevy Volt

Last week, the Volt, GM’s signature hybrid vehicle, turned in a lackluster performance in its first series of road tests by Consumer Reports. CR told Reuters on Monday that “when you look at the finances, [the Volt] doesn’t make any

Government Motors, Part III: GM's Incentive Spending

3. GM’s Incentive Spending: Slashing prices through discounts and incentives to juke market share is not a healthy business model Famed investor Warren Buffett once said, “If you have to have a prayer session before raising prices by ten percent,

Government Motors, Part II: Lobbyists Tops in the Bailout Business

From the 1st quarter through the 4th quarter of 2010, GM’s lobbying expenses more than doubled from $1.8 million to $3.89 million – a 113% increase. After all, when the government is your largest shareholder, your company execs will inevitably

Government Motors' Folly: By the Numbers

News coverage of Government Motors over the past few weeks has painted an increasingly glowing picture, but here’s a dose of reality: GM still has not repaid taxpayers for the bailout and it’s looking less and less like taxpayers will