Submit a Story!
Votes
topics:

vote down flag
GM, Chrysler Seek Billions for Dumb Business Plan
outsidethebeltway.com - 2/18/2009
GM, Chrysler Seek Billions for Dumb Business Plan
—
Having already wasted billions of our tax dollars, GM and Chrysler are back. But don’t worry, they’ve got a plan: General Motors and Chrysler, two flagships of traditional American manufacturing, reported yesterday that the decline of the U.S. economy has outpaced their bleakest ...
washingtonpost.com - 2/17/2009
GM, Chrysler Ask for Billions More in Federal Aid
— washingtonpost.com — 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. ... (more) GM, Chrysler Ask for Billions More in Federal Aid
Comments vote down Daily Kos found this 2/17/2009found this
freep.com - 2/18/2009
GM, Chrysler now say they need billions more | Freep.com | Detroit Free Press
— freep.com — General Motors Corp. and Chrysler LLC summoned the prospect Tuesday of their collapse unless they get $7... billion in federal aid within six weeks -- part of a dramatic plea for a total of up to $39 billion to survive the worst economic crisis in the ... (more) GM, Chrysler now say they need billions more | Freep.com ...

Comments vote down Firedoglake found this 2/18/2009found this
Pelosi wants 'credible' plans from GM, Chrysler (AP)
news.yahoo.com - 2/13/2009
Pelosi wants 'credible' plans from GM, Chrysler (AP)
— news.yahoo.com — AP - House leaders are urging General Motors and Chrysler to submit credible restructuring plans next week... to the Obama administration. (more) Pelosi wants 'credible' plans from GM, Chrysler (AP)

Comments vote down The Page by Mark Halperin found this 2/13/2009found this

Blog Reactions

The Glittering Eye:  Worth More Dead Than Alive

Comments
Blog Reactions

Worth More Dead Than Alive
The Glittering Eye — ... in 2011 if no alternatives arise. Earlier, it said it was trying to sell Hummer and was re-evaluating the future of Saturn. The company also is scaling back Pontiac and trying to sell Saab, its Swedish brand. GM also said it will shut five more factories on top of the closures it had already planned. In addition, it plans to eliminate thousands of dealerships and slash 47,000 jobs this year around the world, leaving it with a work force of about 200,000. James Joyner comments: And their plan for saving the company is to announce ...

Related Content
GM & Chrysler
whitehouse.gov 3/30/2009 — The President announces that his Auto Task Force has completed its evaluation of the viability of General Motors and Chrysler, and gives his response.
U.S. Considers Bankruptcy for GM, Chrysler
online.wsj.com 3/31/2009 — The administration is weighing a plan to fix GM and Chrysler by dividing their "good" and "bad" assets and plunging them into bankruptcy to purge their biggest problems.
Obama Moves GM and Chrysler Towards Bankruptcy
emptywheel.firedoglake.com 3/30/2009 — photo by LA Wad [ Program note : Jane will be appearing live with David Schuster on MSNBC's 1600 Pennsylvania Avenue to talk about Obama's auto initiative. The show airs at 6 PM Eastern. Jane expects to come on at about 6:3o. ] Let me start ...
The UAW Gets Bailed Out Again
wizbangblog.com 2/17/2009 — GM and Chrysler are getting another $7 Billion, keeping the UAW in its perch of power over these companies: Detroit's carmakers are due to submit their latest viability plans to...
GM May Get Loan for Chrysler
online.wsj.com 10/27/2008 — The Department of Energy is working to release $5 billion in loans to GM, a move that could help ease the way for a merger with Chrysler.
Government: GM, Chrysler "may well require" Bankruptcy
calculatedriskblog.com 3/30/2009 — From the WSJ: Government Forces Out Wagoner at GM The administration's auto team announced the departure of [General Motors Corp. Chief Executive Rick Wagoner] on Sunday. In a summary of its findings, the task force added that it doesn't believe ...
How Dumb Does He Think We Are?
powerlineblog.com 3/1/2009 — Barack Obama has a remarkable ability to utter howlers with a straight face, but this one from today's radio address, talking about his proposed budget, stretched even his flexible standards of truth: These steps won't sit well with the special ...
WHO GETS WHAT: Billions for cops in Obama plan (AP)
news.yahoo.com 2/2/2009 — AP - President Barack Obama wants the government back in the policing business, big time.
GM: Bankruptcy or More Aid
online.wsj.com 2/14/2009 — GM's viability plan will offer the U.S. a choice to commit billions more in bailout money or provide financial backing as part of a bankruptcy filing.
Video: A Breakdown Of The GM & Chrysler Restructuring
marketnewslive.blogspot.com 3/31/2009 — 03/30/09 The announcement of the Obama Administration's plan to restructure the US automarket has become the sessions biggest news story as layoffs, deadlines and possible bankruptcy talks have taken over the markets.