Submit a Story!
topics:

GM goes nuclear
So GM wants $18 billion just for itself.  Words fail.  Or rather, I don't think I can print the words that immediately come to mind. This is a family blog.  Somewhat to my surprise, the political types tell me this polls very badly outside of Michigan--indeed, the New York Times ...
Deal Journal - WSJ.com : Mean Street: Why GM Is Doomed
blogs.wsj.com — If you’re a U.S. taxpayer you ought to read GM’s “ Restructuring Plan for Long-Term Viability .”... By the end of next year, you’ll own a good chunk of this company, so you might as well familiarize yourself with what’s going on there. On first read, ... (more) Deal Journal - WSJ.com : Mean Street: Why GM Is Doomed
GM’s Magical Thinking
theamericanscene.com — I’ve been working my way through GM’s much-heralded restructuring plan that is being submitted to Congress tomorrow.... It’s a lot less work than I thought it might be (though I’m blogging late at night as I’m reading it, so all of my comments are ... (more) GM’s Magical Thinking
G.M. Asks for $18 Billion as It Tries to Avoid Collapse
nytimes.com — General Motors said it needed $12 billion in loans and a $6 billion line of credit and... that it will cut jobs, factories, brands and executive pay. > (more) G.M. Asks for $18 Billion as It Tries to Avoid Collapse
Comments
Blog Reactions

Happy Hour Links
Weekly Standard Blog — Jeb! to the Senate? GM wants an $18 billion bailout; Republican senator Bob Bennett says the bailout probably won't happen. Representative Ileana Ros-Lehtinen hangs up on Barack Obama (and Rahm Emanuel). D.C. bars will stay open until 5 a.m. during Inauguration week. Chicago will only plow snow off side streets during "weekday union business hours" to save money this winter. ...

Related Content
Question of the day - GM or Not GM
varifrank.com 11/9/2008 — Question of the day - "So why can't GM be allowed to go into bankruptcy?" Seems to me that United Airlines and half a dozen other companies I can name have gone into bankruptcy without also going out of buisness. GM goes into bankruptcy it gets ...
GM SAVE
beltwayblips.com 1/11/2009 — I  just wrote a way to bail out GM.  If you can get this message to Obama or Mr. Biden, or even Michelle, Please contact me.
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 ...
Report: GM Turned down by Government
calculatedrisk.blogspot.com 11/3/2008 — From the NY Times: U.S. Rejects G.M.’s Call for Help in a Merger The Treasury Department has turned down a request by General Motors for up to $10 billion to help finance the automaker’s possible merger with Chrysler ... the Bush administration will ...
Whither GM?
meganmcardle.theatlantic.com 4/1/2009 — The more I read about these plans, the more I wonder what the end game is supposed to be.  The administration is acting serious:  firing Wagoner, and threatening to cut off funds if Chrysler doesn't make a deal with Fiat.  Then you read ...
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.
GM press release
angrybear.blogspot.com 12/13/2008 — rdan (hat tip Movie Guy) FOR RELEASE: 2008-12-12 GM Announces Significant Production Cuts for Q1 '09 Moves In Direct Response to Rapidly Deteriorating Market Conditions DETROIT - General Motors announced today a significant reduction of planned ...
GM Quote - GM Stock Quote - General Motors Corp. Stock Quote - GM Stock Price
online.wsj.com 12/19/2008 — Please register to gain free access to WSJ tools. An account already exists for the email address entered. Forgot your username or password? This service is temporary unavailable due to system maintenance. Please try again later. The username entered ...
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: The Bailout vs Bankruptcy Meme
portfolio.com 11/17/2008 — There's a bailout vs bankruptcy meme going around with regard to GM -- a choice which makes me want to tick "none of the above". I've seen it in dozens of places of late, but since it comes with the imprimatur of Paul Krugman , let's look ...