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News Analysis: G.M.’s Troubles Stir Question of Bankruptcy vs. a Bailout
General Motors, with dire warnings, is seeking a bailout, but skeptics point to the benefits of bankruptcy, which can offer a new start. >
Why Bankruptcy Is the Best Option for GM
Why Bankruptcy Is the Best Option for GM
online.wsj.com — General Motors is a once-great company caught in a web of relationships designed for another era. It... should not be fed while still caught, because that will leave it trapped until we get tired of feeding it. Then it will die. The only possibility of ... (more) Why Bankruptcy Is the Best Option for GM
Bankruptcy for GM
corner.nationalreview.com — 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 ... (more) Bankruptcy for GM
Question of the day - GM or Not GM
varifrank.com — 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 ... (more) Question of the day - GM or Not GM
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B to the K
Eschaton — I don't know for sure that just letting GM filing for bankruptcy is the best route, but if it isn't then it just means there's something wrong with our bankruptcy laws and/or our dealings with "too big to fail" companies. ...

HULK SMASHED
Eschaton — B to the K I don't know for sure that just letting GM filing for bankruptcy is the best route, but if it isn't then it just means there's something wrong with our bankruptcy laws and/or our dealings with "too big to fail" companies. But not everyone agrees that a Chapter 11 filing by G.M. would be the disaster that many fear. Some experts note that while bankruptcy would be painful, it may be preferable to a government bailout that may only delay, at considerable cost, the wrenching but necessary steps G.M. needs to take to become a stronger, leaner company. Although ...

Overnight
Eschaton — B to the K I don't know for sure that just letting GM filing for bankruptcy is the best route, but if it isn't then it just means there's something wrong with our bankruptcy laws and/or our dealings with "too big to fail" companies. But not everyone agrees that a Chapter 11 filing by G.M. would be the disaster that many fear. Some experts note that while bankruptcy would be painful, it may be preferable to a government bailout that may only delay, at considerable cost, the wrenching but necessary steps G.M. needs to take to become a stronger, leaner company. Although ...

For Many At The Top The Economic Crisis Isn't Cramping Any Style
DownWithTyranny! — ... We know how the Bush Economic Miracle is hitting most people: consumer spending is off the cliff, basic industries are threatened with potentially devastating bankruptcies, foreclosures are through the roof and unemployment rates are in the basement. Millions of Americans are having problems with health care, with financing their children's educational plans, with their own retirement. And, as we saw yesterday, with Sotheby's contemporary art auction only netting $125.1 million a few nights ago, billionaires were able to fatten their collections ...

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The Bankruptcy of GM
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GM: The Bailout vs Bankruptcy Meme
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GM hires bankruptcy advisers | detnews.com | The Detroit News
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GM Retains Bankruptcy Counsel
online.wsj.com 12/12/2008 — GM hired experts to help it explore bankruptcy protection as Senate lawmakers neared a tentative agreement on a bailout package that could see a vote Thursday night.
Union-Busters Want GM To File Bankruptcy
firedoglake.com 11/14/2008 — Let's call it what it is : [N]ot everyone agrees that a Chapter 11 filing by G.M. would be the disaster that many fear. Some experts note that while bankruptcy would be painful, it may be preferable to a government bailout that may only delay, at ...
Articles - Auto Bailout Won't Prevent Bankruptcy
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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.
Bankruptcy
julescrittenden.com 11/4/2008 — Reaches beyond Obama's plans for the coal industry and SF Chron's news sense and professionalism to SF Chron's logic: Failing to report Obama's coal-industry bankruptcy remarks does not equal burying them. Busted Chron's response is a tour de force of ...
Auto Bailout Debate Turns to Bankruptcy
npr.org 11/30/2008 — E-mail this Page Recipient's e-mail address:» Up to twelve addresses, separated by commas. Your e-mail address: Your name: Personal message (optional, 600 characters max): Your NPR member station: Are you a member of your local NPR station? Yes No ...
News Analysis - In Washington, Some Optimism About a Big Three Bankruptcy
nytimes.com 12/8/2008 — IN the days before Lehman Brothers was allowed to fail, Treasury officials made clear that they did not think the investment bank’s collapse would have a major ripple effect. And in recent weeks, in Congressional hearing rooms and at water coolers ...