CEO Mary Barra is taking the heat for the carmaker's ignition problems. Why not instead beat up the people who were in charge when the mistakes were made?
FORTUNE -- Timing is everything. Consider, if you will, the story of Mary Barra, the first female chief executive of General Motors, who in less than a month went from pioneer to punching bag. For something that's clearly GM's fault, and some of MOREAllan Sloan, senior editor-at-large - Apr 17, 2014 12:05 PM ET
Allowing companies to split into separate parts, tax-free, is a long-accepted practice. But now it seems that practice has been twisted into a very effective tax-dodge.
FORTUNE -- Happy Tax Season! In honor of our annual spring ritual, let me show you how utterly bizarre the American tax system can be, using a recent deal between two well-known outfits to illustrate my point. The deal involves Don Graham's Graham Holdings (GHC) MOREAllan Sloan, senior editor-at-large - Apr 9, 2014 5:00 AM ET
Sale of part of U.S Treasury's stake will yield the public a cash profit.
FORTUNE -- Crocuses and various other bulbs are popping up in my garden, a tangible sign that our brutal East Coast winter has finally ended. Something similar is sprouting on Wall Street, of all places: a tangible sign that taxpayers are finally going to get enough cash to turn a profit on Ally Financial, which had long MOREAllan Sloan, senior editor-at-large - Mar 28, 2014 5:00 AM ET
Not one, but two parts of the federal government have come up with good ideas. Will wonders never cease?
FORTUNE -- Sit down, take a deep breath, and prepare to be surprised. Ready? Okay. I'm going to say something nice about the federal government. Two separate parts of it, in fact, each of which has come up with a simple, smart, and imaginative idea.
Would you believe they're the Treasury and the MOREAllan Sloan, senior editor-at-large - Mar 19, 2014 5:00 AM ET
Five years after the market low, the value of Americans' home equity is up sharply, too -- but nowhere near as much as stocks have risen.
FORTUNE -- We can learn a lot from anniversaries. Consider, if you will, the upcoming fifth anniversary of the bottom of the stock market, which hit its low on March 9, 2009 as share prices plummeted and many holders ran screaming for the exit as MOREAllan Sloan, senior editor-at-large - Feb 28, 2014 5:00 AM ET
Now that Fiat owns all of its American partner, the new company is officially on the hook for the $5.5 billion shortfall in Chrysler's pension funds.
FORTUNE -- Sergio Marchionne, Fiat's chief executive, is an even bigger corporate cowboy than he seems to be. Not only is he trying to combine two smallish, debt-laden auto companies from two separate continents into a single efficient global giant, which is an enormous gamble, MOREAllan Sloan, senior editor-at-large - Feb 5, 2014 5:00 AM ET
With the most recent rise in postal rates, holders of Forevers saw their "portfolios" jump by 6.5% overnight.
FORTUNE -- In these days of manic-depressive financial markets, it's nice to be able to put your money into something that isn't designed to make you rich, but that at least is pretty much guaranteed to always rise in value. And that, on occasion, can post a nice tax-free gain -- most recently, MOREAllan Sloan, senior editor-at-large - Jan 31, 2014 5:00 AM ET
Contrary to what I wrote last summer, the government is unlikely to recover its full investment in Ally common stock.
FORTUNE -- I'm usually skeptical about what's going on, rather than rhapsodic. So it was a departure from form when I wrote six months ago that, confounding expectations, the government was going to come out way ahead on the $17.2 billion of taxpayer money that it spent to bail out Ally MOREAllan Sloan, senior editor-at-large - Jan 24, 2014 9:00 AM ET
Buyer beware. A single year in which stocks soared and bonds tanked can throw the long-term numbers way out of whack.
FORTUNE -- Today let's have some fun with numbers. The kind that investors rely on. Which turn out to be the kind that can be skewed by their start or end dates, and that can skewer your investment portfolio if you follow them blindly.
Let's start with a key number, the MOREAllan Sloan, senior editor-at-large - Jan 15, 2014 5:00 AM ET
If Fed remittances stop for a year or two, we shouldn't get too upset with old Bossy and try to put her out to pasture.
FORTUNE -- When your cow gets bigger but produces less milk, it's usually time to worry that something has gone wrong with the beast. That's the first thing that came to my mind when I heard that the Federal Reserve, a cash cow for U.S. taxpayers MOREAllan Sloan, senior editor-at-large - Jan 9, 2014 1:21 PM ET
|GM's recalled Cobalt was a failure from the start|
|Michaels hack hit 3 million|
|Walmart offers cheaper money wire service|
|Americans have fallen in love with real estate once again|
|Satya Nadella needs more than one trick to fix Microsoft|