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06.05.2009 9:00 pm

Covered by health insurance, but still vulnerable

People buy health insurance so they won’t be bankrupted by unexpected illness. But for increasing numbers of Americans, that’s not how things are working out.
A new national survey estimates that 62 percent of all personal bankruptcies in 2007 — nearly…

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06.01.2009 9:01 pm

Needed: A new generation of car guys for GM

As a presidential candidate in 2007, Barack Obama and his daughter Sasha drove a car not much smaller than the Chevy Spark. (Scott Olson/Getty Images)

As a presidential candidate in 2007, Barack Obama and his daughter Sasha drove a car not much smaller than the Chevy Spark. (Scott Olson/Getty Images)

In Detroit, they call them “car guys,” the people with gasoline in their veins who love automobiles…

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04.26.2009 9:00 pm

Cram down to help struggling homeowners

Sen. Dick Durbin’s much-discussed (and much-cussed) mortgage “cram down” legislation may come to a vote in the U.S. Senate this week, possibly as early as tomorrow. It deserves to pass. Thanks to the stranglehold that the banking industry has on Republican…

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02.05.2009 9:03 pm

“Cram down” home foreclosures

an eviction team removed the furniture from her foreclosed house on February 2, 2009 in Adams County, Colorado. (Photo by John Moore/Getty Images)

An eviction team removed the furniture from her foreclosed house on February 2, 2009 in Adams County, Colorado. (Photo by John Moore/Getty Images)

Congress is considering bills that would allow federal bankruptcy judges to amend home mortgages, changing the terms to prevent…

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12.04.2008 9:01 pm

The auto bailout: The (big) three options

They don't make 'em like that anymore.

GM's 1959 Caddy: Glory days.

America’s Big Three automakers sell (or lately, don’t sell) 15 different brands of vehicles, including 112 different car and truck models at more than 13,000 dealerships throughout the United States. All of these numbers are problematic and…

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11.10.2008 9:00 pm

The cheap gas trap

The price of gasoline in St. Louis averaged $2.02 per gallon on Friday, a little more than half of its $3.98 high last July. This week a gallon of regular unleaded is going for less $2 at many stations for the…

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