Gm Bankrupt

GM Expected To Exit Chapter 11

AP | TOM KRISHER and KEN THOMAS | Posted 05.25.2011

DETROIT — General Motors completed an unusually quick exit from bankruptcy protection on Friday with ambitions of making money and building cars...

Treasury Pushes For Possible 'Surgical' Bankruptcy For G.M. By June 1

New York Times | MICHELINE MAYNARD and MICHAEL J. De La MERCED | Posted 05.25.2011

DETROIT -- The Treasury Department is directing General Motors to lay the groundwork for a bankruptcy filing by a June 1 deadline, despite G.M.'s publ...

U.S. Threatens Bankruptcy For GM, Chrysler

Wall Street Journal | JEFFREY MCCRACKEN, JOHN D. STOLL and NEIL KING JR. | Posted 05.25.2011

The Obama administration, wading deeply into the U.S. auto industry, is weighing an aggressive fix for General Motors Corp. and Chrysler that would di...

Motown Misery

Joe Peyronnin | Posted 05.25.2011

Joe Peyronnin

Nothing will change unless the Detroit culture changes back to what it once was -- entrepreneurial, creative, innovative, market savvy and cost effective.

Auto Bailout Failure Could Mean The End For GM, Chrysler

HuffPost, NYT, WSJ | Posted 05.25.2011

The failure of the auto bailout in the Senate could mean the collapse of GM and Chrysler by the end of this month, according to several reports. The ...