Submit a Story!
G.M. Files for Bankruptcy
G.M. Files for Bankruptcy
President Obama discussed the G.M. bankruptcy on Monday at the White House.
For G.M., a Step Toward Bankruptcy and a New Start
For G.M., a Step Toward Bankruptcy and a New Start
nytimes.com — The headquarters of General Motors in Detroit in December.... (more) For G.M., a Step Toward Bankruptcy and a New Start
G.M. Files for Bankruptcy
G.M. Files for Bankruptcy
nytimes.com — President Obama, with auto representatives and cabinet members behind him at the White House, speaking about the... bankruptcy plan for General Motors. (more) G.M. Files for Bankruptcy
Busy Not Running GM
online.wsj.com — President Obama announced the bankruptcy of General Motors yesterday before GM's CEO even spoke, and the feds... will soon own 60% of the company. But whatever you do, please don't think the government is now running GM. "What we are not doing -- what I ... (more) Busy Not Running GM
Comments
Related Content
A Quick Bankruptcy for GM?
meganmcardle.theatlantic.com 4/14/2009 — I'm struggling to understand how the government thinks that it can get GM in and out of bankruptcy in the blink of an eye.  In a "prepackaged" bankruptcy, where there's substantial agreement among the parties, that may be possible.  But ...
Obama’s new GM CEO: You know, bankruptcy looks really good now
hotair.com 3/31/2009 — Read this post »
The Bankruptcy of GM
delong.typepad.com 11/14/2008 — We don't like to let financial firms go bankrupt because bankruptcy shuts down their business. Buying and selling financial assets is what they do, and bankruptcy requires that financial claims be largely frozen while the court sorts it out. By ...
GM Declares Bankruptcy
minx.cc 6/1/2009 — Good morning comrades fellow shareholders! Under the proposed restructuring, about 60 percent of the new GM would be owned by the United States, about 12 percent by the governments of Canada and Ontario, a union health trust would own 17.5...
GM Bankruptcy Would Be Most Complicated In History
huffingtonpost.com 5/26/2009 — It is not just lawyers who will be busy handling a G.M. bankruptcy filing, which would be perhaps the biggest and most-watched in legal history. Because of its size and scope, the bankruptcy would be the most complicated that any American company has gone through -- more complex than those of ...
Bankruptcy for GM
corner.nationalreview.com 11/13/2008 — What would it mean to have GM go bankrupt? A change in ownership and a renegotiation of contracts. The factories, computers, office space, intellectual property and so forth that are now owned by GM would not disappear; they would basically become ...
Preparing for the Inevitable? (GM and Bankruptcy)
poliblogger.com 4/13/2009 — Via the NYT : Treasury Is Said to Warn G.M. of Bankruptcy Risk The goal is to prepare for a fast “surgical” bankruptcy, the people who had been briefed on the plans said. G.M., which has been granted $13.4 billion in federal aid, insists that a ...
AIG Is Driving GM Into Bankruptcy
businessinsider.com 4/1/2009 — GM (GM) has 58 days to negotiate to convince bondholders to take a major haircut or debt-for-equity swap. But it doesn't sound like it's going to happen. Why not? Because the bondholders don't seem interested in taking the ridiculous haircut that ...
US Government to Buy GM if it Declares Bankruptcy
wizbangblog.com 5/19/2009 — Of course, this is not a surprise. Chrysler's bankruptcy was micromanaged by Obama, and GM's will be, too, but it seems that The One may have learned his lesson on...
U.S. Involvement in GM Won't End With Bankruptcy
washingtonpost.com 5/28/2009 — Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. ...