Free Republic

Adam Jonas covers the auto industry for Morgan Stanley. Barron's spoke with Jonas recently about how the car industry can survive the shutdown, and how it might be left changed. His edited comments follow... We don't think the [car makers] are going to fail the way some did back in 2008 and 2009. But the industry is going to need support. We expect a cash for clunkers program to be much larger in scope and longer in duration than what we saw. In 2008 and 2009, we saw a $3 billion package that stimulated about $14 billion of purchases... These...

A 24-year-old man was arrested Sunday in the shooting death of a beloved businessman and philanthropist who was gunned down while he waited for his wife in a CVS parking lot, Georgia police announced. DeMarvin Bennett, of East Point, Ga., was arrested Sunday in the death of Jack Hough, 73, an Air Force vet who was sitting in his car when he was fatally shot, Gainesville Police said. ..." Police found the gun they believed was used to kill Hough, the Atlanta Journal-Constitution reported. He was taken into custody around 2 a.m. Sunday. Forensic evidence developed from the scene identified Bennett, of...