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firedoglake.com - 11/14/2008
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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 considerable cost, the wrenching but ...
online.wsj.com - 11/17/2008
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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
corner.nationalreview.com - 11/13/2008
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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
varifrank.com - 11/9/2008
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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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The Bush Regime's Serial Abuse Of Consumers Is Undermining The Entire Economy
DownWithTyranny! —
... Right-wing Republicans are salivating at the thought of destroying their arch-enemies, the labor unions and don't seem to be thinking about the effect the collapse of the auto sector would have on the economy. No one would be talking about a recession-- except maybe as something to aspire to.
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