huffingtonpost.com - 5/26/2009
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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 ...
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 ...
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...
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 ...
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. ...
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 ...
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 ...
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 ...