“If the Obama administration expected the senior creditors of Chrysler to fold their tents under political pressure, they may have gotten a rude shock today. Thomas Lauria, who accused the White House of threatening the creditors withn humiliation at the hands of the White House press corps, has filed a motion to halt the administrations machinations on behalf of the UAW in the Chrysler bankruptcy. Lauria and his allies claim that the Obama administration has violated the Constitution in …

Driving in the Wrong Direction: The Sordid Details and Lasting Consequences of the Bush/Obama Auto Industry Intervention www.cato.org POLICY FORUM Thursday, October 15, 2009 12:00 PM Featuring Richard Mourdock, Treasurer, State of Indiana and Representative of the Indiana State Pension Funds Objecting to the Chrysler Bankruptcy Plan; and David A. Skeel, Professor of Corporate Law, University of Pennsylvania Law School. Moderated by Daniel J. Ikenson, Associate Director, Center for Trade …

FOR MORE INDUSTRY NEWS: www.edmunds.com Check out this interview with industry expert Jessica Caldwell as she talks about how the recent bankruptcies could affect you.

Chrysler looks to be in worse shape than originally thought, according to the court proceedings. A new VW Scirocco is in the works, some guy learns to fly his Mitsubishi, and Brad Pitt may be portraying Steve McQueen in a coming bio film. Hosted by Derek DeAngelis.

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