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As a third-generation GMer, Jon Lauckner is fiercely committed to restoring greatness to America’s biggest car company. The VP of global product planning and the man behind the Chevy Volt, is determined to go big or go home.
For the second time in as many weeks, Vivendi (VIVEF.PK) is signaling that it may not sell its 20 percent stake in NBC Universal, which would thwart a $30 billion deal to make Comcast (CMSCA) the majority owner. If the much anticipated deal does not materialize, there will be widespread fallout, according to Diane Mermigas.
Stagflation, more bank failures, crippling government debt — these are just a few of the worst-case scenarios envisioned by several money managers and financial experts we consulted. While not all these experts see these chilling scenarios as likely, they remain a stark reminder of what could happen if we’re not careful — or lucky.