To be fair, 2009 was a year that defied prediction. Who would have thought the stock market would drop like a stone until early March and then abruptly rise like a rocket? For that matter, who would have predicted Tiger Woods' ugly fall? Still, if you stick your neck out and prognosticate in public, you have to be prepared to ...

DETROIT (Reuters) - Ford Motor Co <F.N> Chief Executive Alan Mulally said in a CNBC interview on Thursday that he had talked this week with General Motors Co <GM.UL> Chairman and Chief Executive Ed Whitacre. Mulally, who Ford hired away from Boeing Co <BA.N> three years ago, did not discuss details of ...

The man who led the auto industry bailout says he couldn't believe the condition in which he found General Motors when he took on the largest restructuring in American history. Writing in Fortune magazine, Steven Rattner says he was "shocked by the stunningly poor management" he found, particularly at GM. He ...

Shockingly poor financial management at General Motors and Chrysler weakened their case for a federal bailout, but officials feared letting them collapse, the former head of a government auto task force said Wednesday. In a first-person account posted on Fortune magazine's Web site and in ...