nytimes.com - 3/31/2009
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DETROIT General Motors has 60 days to fix a set of problems that have been decades in the making. For all of G.M. ’s deep cuts in recent years closing plants and shedding tens of thousands of jobs because of steep losses and declining market share President Obama ’s task force has ...
online.wsj.com - 3/30/2009
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online.wsj.com —
Obama moved to impose sweeping and hard-nosed restructuring
measures on GM and Chrysler, including the ouster of...
GM's Wagoner.
(more)
U.S. Forces Out GM CEO Wagoner
businessinsider.com - 4/1/2009
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businessinsider.com —
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 ...
(more)
AIG Is Driving GM Into Bankruptcy
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The End of the GM Hummer on Tuesday?
Calculated Risk —
... — that General Motors is trying to find a buyer for the brand. Without one, the company might close Hummer. An announcement about Hummer’s fate may be made Tuesday. “It’s a brand that represents a lot of what people want to get away from,” said Rebecca Lindland, an analyst with the research firm I.H.S. Global Insight. ... If Hummer is closed, it would be phased out “rather quickly,” G.M.’s president, Frederick A. Henderson, said last month. And from: Humbling a Giant For too long, [GM] sold too many models, under too many brands, in too ...
'Green News Report' - April 2, 2009
The BRAD BLOG —
... OPEC says oil not to blame for climate change
Study finds 6,000 rare dolphins off Bangladesh: Warming, fishing still threats but discovery seen as 'great hope'
New EPA Review Prompts Anxiety Over Mining Jobs
Community Encouraged That Shadyside Power Plant Will Go Green
U.S. Sees a Smaller Future for G.M. Than G.M. Does
Some Say New EEOC Headquarters Is Making Them Sick
Slide Show! TPM Photo Features: Your Guide to Climate Change Nay-Sayers
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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: Bankrupt, UNLESS....
market-ticker.org 4/1/2009 — GM is likely finished .
April 1 (Bloomberg) -- General Motors Corp.’s 60-day deadline to restructure is unlikely to be extended because the U.S. won’t repay $1 billion in convertible notes maturing June 1, according to a person with knowledge of ...
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.
Just 42% of GM Owners Likely to Buy GM Again
rasmussenreports.com 6/8/2009 — Only 42% of those who currently own a General Motors car are even somewhat likely to buy a GM product for their next car. That figure includes just 30% who are Very Likely to do so. The latest Rasmussen Reports national telephone survey shows that ...
As GM goes, so go your tax dollars
themoderatevoice.com 3/31/2009 — You may recall that last year Detroit came to Washington, hat in hand, looking for another bailout using taxpayer dollars. At that time, some of us questioned whether or not this was a good idea. GM had been on the skids financially for some time and ...
The End of GM As We Know It
blogs.tnr.com 6/1/2009 —
It's been clear for a while now that General Motors, like Chrysler before it, was headed for bankruptcy. But it's still a huge development. And, at least from the perspective of history, it's still a little stunning.
GM was the symbol of American ...
How Not to Run G.M.
reason.com 6/3/2009 — On Monday, after President Obama unveiled his plan to nationalize General Motors, G.M. Vice Chairman Robert Lutz exulted , "Their No. 1 goal is to make us successful." But Obama seems to have three No. 1 goals: turning a profit, building ...
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.
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