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meganmcardle.theatlantic.com - 4/1/2009
Whither GM?
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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 the report, and the government's statements ...
Wagoner Said to Be Resigning From G.M.
nytimes.com - 3/29/2009
Wagoner Said to Be Resigning From G.M.
— nytimes.com — The unexpected move by Rick Wagoner, who has been at the helm of G.M. for eight years,... was not confirmed by the company. (more) Wagoner Said to Be Resigning From G.M.

Comments vote down The Moderate Voice found this 3/29/2009found this
U.S. Forces Out GM CEO Wagoner
online.wsj.com - 3/30/2009
U.S. Forces Out GM CEO Wagoner
— 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

Comments vote down Pat Dollard | Young Americans found this 3/30/2009found this
AIG Is Driving GM Into Bankruptcy
businessinsider.com - 4/1/2009
AIG Is Driving GM Into Bankruptcy
— 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

Comments vote down TigerHawk found this 4/1/2009found this

Blog Reactions

The Reaction:  Top Ten Cloves: Great things about Obama taking over General Motors

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Blog Reactions

Top Ten Cloves: Great things about Obama taking over General Motors
The Reaction — ... Mister Goodwrench President Riffs Sam Youngman and J. Taylor Rushing: President Obama’s auto plan throws lawmakers Conor Clarke: Is Obama's Auto Plan "Unprecedented"? The Anonymous Liberal: Does the Press Corps Understand What Bankruptcy Is? DownWithTyranny: Is GM Headed For Bankruptcy Afterall? Megan McArdle: Whither GM? What's Good For Tesla Motors ...

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