How the Crisis is Hitting Europe (BusinessWeek Online via Yahoo! News)

February 27th, 2009 | by |

As Prime Minister of the German state of North Rhine-Westphalia, Jrgen Rttgers wanted to save one of his industrial state's biggest employers. So what did he do? He hopped a plane to Detroit, of course. On Feb. 18, Rttgers met with General Motors Chief Executive Rick Wagoner in an effort to persuade him not to shutter a factory in the city of Bochum, where 5,000 workers make sedans and minivans ...

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How the Crisis is Hitting Europe (BusinessWeek Online via Yahoo! News)

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