bloomberg.com - 2/18/2009
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(Corrects year in which Rick Wagoner became CEO of General Motors in 10th paragraph.) Feb. 18 (Bloomberg) -- General Motors Corp. asked the U.S. for as much as $16.6 billion in new loans, more than doubling the aid to date, and said it needs some of the cash next month to survive as it sheds ...
online.wsj.com - 2/17/2009
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online.wsj.com —
[General Motors Chairman Rick Wagoner ] Getty Images
General Motors Chairman Rick Wagoner speaks at a press...
conference at the company's world headquarters Feb. 17, 2009, in Detroit, Mich.
(more)
GM Seeks $16.6 Billion More in U.S. Aid
online.wsj.com - 2/14/2009
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online.wsj.com —
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.
(more)
GM: Bankruptcy or More Aid
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Blog Reactions
More Aid, Please
Truthdig: Drilling Beneath the Headlines —
General Motors, recipient of the 2009 “Nation’s Most Sluggish-To-Change Company That Still Gets Federal Assistance” award is still wanting more, as the auto-giant added $16.6 billion in requested loans Wednesday to almost double the total aid it has received to date—all while it sheds 47,000 jobs worldwide. ...
Have we ever needed whistleblower protection more?
Daily Kos —
With $787 billion heading out the door in the stimulus package, $700 billion already out there in the TARP (with a couple billion of that in the hands of the automakers who are now back for more), hundreds of billions already sunk in Iraq and Afghanistan (with more on the way), and TARP II plus regular annual appropriations coming down the pike, has there ever been a greater need for keeping an eye out for fraud, waste and abuse? "Fraud, waste and abuse." I cringe just to use the line, since it's been a Republican mantra for so long. Which makes it that much more puzzling to see Republicans stripping increased federal ...
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GM, Chrysler Ask for Billions More in Federal Aid
washingtonpost.com 2/17/2009 — 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. ...
AIG seeks more aid on $60 billion loss fears
business.timesonline.co.uk 2/24/2009 — AIG, the insurance giant that has been twice rescued by the US Government, is looking for fresh state funding as it prepares to post one of the biggest losses in corporate history. The group, one of the most high profile casualties of the credit ...
U.S. Forces Out GM CEO Wagoner
online.wsj.com 3/30/2009 — General Motors' Wagoner stepped down as chairman and CEO as part of an agreement to get a new package of federal aid for the auto maker.
Too Big Too Correct?
andrewsullivan.theatlantic.com 2/23/2009 — Same record-keeping: no accountability from Mickey Kaus yet on his obsessive, incessant campaign to imply that Gary Condit was a murderer (for details of Mickey's and my years-old tussle over this, see here and here, the Dish's memory is long and ...
Obama Fires GM CEO Wagoner and his Board
outsidethebeltway.com 3/30/2009 — Friday, under the slightly exaggerated headline “Obama to Run GM, Chrysler,” I passed on word that President Obama was going to demand “pretty drastic changes” in order to back further bailouts for the two struggling US auto ...
U.S. Forces Out GM CEO Wagoner
online.wsj.com 3/30/2009 — Obama moved to impose sweeping and hard-nosed restructuring measures on GM and Chrysler, including the ouster of GM's Wagoner.
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