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Mulally is also widely credited with turning around Ford during the Great Recession, when American competitors were declared bankrupt and were bailed out by the federal government. [2] [3] Mulally's achievements at Ford are chronicled in the book American Icon: Alan Mulally and the Fight to Save Ford Motor Company by Bryce G. Hoffman, published ...
Ford was the only American automakers to avoid both bankruptcy and a government bailout during the automotive industry crisis of 2008–2010. [2] American Icon examines how Ford was able to fix its internal issues without government intervention. [3]
On February 18, 2009, General Motors and Chrysler again approached the U.S. government, in regard to obtaining a second bridging loan of $21.6 billion (£15.2 billion). $16.6 billion of this would go to General Motors, while Chrysler would take $5 billion. General Motors agreed to shed 47,000 jobs, close five plants, and axe 12 car models.
The Motley Fool's John Rosevear spoke with Ford CEO Alan Mulally in New York last week. Photo by Rex Moore. One of the great things about working for The Motley Fool is the access that we have to ...
Alan Mulally (2006-09-05) 2008–2010 automotive industry crisis (2008-12-23) General Motors (2009-06-01) August 2009 Baghdad bombings (2009-08-19)
A form of government in which representative democracy operates under the principles of liberalism. It is characterised by fair, free, and competitive elections between multiple distinct political parties , a separation of powers into different branches of government , the rule of law in everyday life as part of an open society , and the ...
The Keys to the White House, also known as the 13 keys, is a prediction system for determining the outcome of presidential elections in the United States.It was developed by American historian Allan Lichtman and Russian geophysicist Vladimir Keilis-Borok in 1981, adapting methods that Keilis-Borok designed for earthquake prediction.
The Madisonian model is a structure of government in which the powers of the government are separated into three branches: executive, legislative, and judicial. This came about because the delegates saw the need to structure the government in such a way to prevent the imposition of tyranny by either majority or minority.