62-blue_sm2012 wwj950-sm2011b 971-ticket-35smb 35h_CBSSportsRad_Detroit

auto bailout

(credit: Scott Olson/Getty Images)

Government Sold $621M Worth Of GM Stock In March

The Treasury Department says it sold $621 million worth of GM common stock last month — likely about 22 million shares.

WWJ Newsradio 950–2013/04/10

General Motors Chairman and Chief Executive Officer Dan Akerson speaks at the 2012 GM annual meeting of stockholders in Detroit. (credit: Bill Pugliano/Getty Images)

General Motors To Buy Back 200M Government Shares

General Motors, trying to clear the stigma of being partly owned by the U.S. government, will spend $5.5 billion to buy back 200 million shares of its stock from the treasury.

WWJ Newsradio 950–2012/12/19

Mitt Romney (Photo by Justin Sullivan/Getty Images)

Opinion: Romney’s Desperation Showing In Final Days Of Campaign

As the campaign draws to a close it has become very apparent that Obama will return to the White House and that Harry Reid will lead a Democratic Senate.

2012/11/02

Barack Obama (Photo by Olivier Douliery-Pool/Getty Images)

Opinion: Auto Manufacturing Is Back In America. Obama Was Right, Romney Was Wrong.

Auto manufacturing is back in America – especially in Michigan, Ohio and Pennsylvania because President Obama made the politically risky decision to bailout the auto industry after bailing out the banks. It was a decision that worked. Obama was right, Romney was wrong. So Romney is now in full lying mode. He is trying to retroactively re-write the wrongs in his writings.

2012/10/29

A shuttered Saturn dealership (Photo by Justin Sullivan/Getty Images)

Opinion: The Auto Bailout Wasn’t A Safe Financial Deal For America

Yes, it’s great that all turned out well for the auto workers, but it is absolutely horrendous to know that the American taxpayers via President Obama’s actions could have been left standing for billions of dollars – and still might.

2012/10/29

President Barack Obama and Gov. Mitt Romney. (Getty Images/Luke Sharrett and Joe Raedle)

CBS Local Presidential Forum: Obama/Romney: Push Back On Opponent’s False Accusations

With the CBS Local Presidential Forum coming to a close Barack Obama and Mitt Romney take their chance to set the record straight, pointing out the false accusations their opponent has leveled and giving their response.

2012/10/19

Treasury Secretary Timothy Geithner testifies to Congress on the AIG bailout (Photo by Ann Heisenfelt/Getty Images)

Opinion: Auto And Bank Bailouts Prove Effective

On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.

2012/09/11

Barack Obama and Bill Clinton (Photo by Alex Wong/Getty Images)

Opinion: We Are Better Off Than We Were Four Years Ago

Tonight, when Vice President Biden and President Obama address the country the question before them is an obvious one: are we better off than we were four years ago? The answer is equally obvious: YES!

2012/09/06

Paul Ryan (R-WI) (Photo by Win McNamee/Getty Images)

Opinion: Paul Ryan And His Little White Lies

While Paul Ryan is entitled to his own opinions, he is not entitled to his own facts. He lied to America about Medicare. He lied to America about the debt commission. He really lied to America about the stimulus and America’s debt rating.

2012/08/30

Senate Majority Leader Harry Reid (D-NV) (Photo by Mark Wilson/Getty Images)

Opinion: Democratic Party’s Lies And Spins

The blatant lies and the desperate spins generated from the “left” have been absolutely frightening. What’s extremely sad for them is that they don’t have a prayer of keeping the White House without creating lies and spinning obvious negatives into self-reported positives.

2012/08/06

more

Listen Live!

Follow CBS Detroit

Like us on foursquare

Most Commented

Select a Live Stream