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General Motors Bankruptcy

Bailed Out Automaker Wants To Give CEO HUGE Raise

Detroit News | David Shepardson | Posted 02.25.2013 | Business

Washington — General Motors Co. wants to pay its chief executive $11.1 million in total compensation this year — an increase of more than 20 perce...

A Lemon Under the GM Bailout Hood

Mark Pfeifle | Posted 01.05.2013 | Politics
Mark Pfeifle

When you look under the hood of President Obama's auto bailout and take it for a test drive, you learn it's a lemon. Sorry, Mr. President. No sale.

Ohioans Won't Be Fooled By 'Car Guy's' Desperate Car Lies

Gov. Jennifer M. Granholm | Posted 12.30.2012 | Politics
Gov. Jennifer M. Granholm

Mitt Romney must realize that he has lost the industrial Midwest because he's completely lost a grip on reality. He's decided to throw a Hail Mary pass that will cause his already-struggling campaign to implode in Ohio.

GM Complains U.S. Government Won't Let Company Pay CEO More

Posted 04.27.2012 | Business

General Motors, the world's largest automaker, has a bone to pick with the same U.S. government that bailed it out three years ago. GM paid its CEO...

Auto Industry Turn-Around Is a Two-Party Success

Ken Blackwell | Posted 04.24.2012 | Politics
Ken Blackwell

This auto industry recovery is an example of both parties working together to help save a national treasure in our auto industry and preserve jobs in industries that depend on auto manufacturing.

GM's Challenge for Tea Partiers: More Cash for Clunkers?

Dan Becker and James Gerstenzang | Posted 05.25.2011 | Politics
Dan Becker and James Gerstenzang

WASHINGTON -- Here is a test for the new Republican majority headed for the House of Representatives under the banner of cutting the budget deficit, e...

Inspector General Criticizes Treasury's Role In GM, Chryslsr Dealer Closures

AP/Huffington Post | Posted 05.25.2011 | Business

A government watchdog is criticizing the Treasury Department for urging General Motors and Chrysler to quickly reduce the size of their dealership net...

GM Repays Loans From U.S., Canada

AP | KEN THOMAS and TOM KRISHER | Posted 05.25.2011 | Business

WASHINGTON — Fallen giant General Motors Co. accelerated toward recovery Wednesday, announcing the repayment of $8.1 billion in U.S. and Canadia...

GM To Repay Government Loan Early: AP

AP | TOM KRISHER | Posted 05.25.2011 | Business

DETROIT — General Motors Co. will fully repay the $6.7 billion loan portion of its U.S. government aid earlier than its previously promised payb...

Obama Administration: General Motors IPO Will Be Exclusive: U.S. wants to fast-track GM IPO

Reuters | Kevin Krolicki and John Crawley | Posted 05.25.2011 | Business

WASHINGTON (Reuters) - The Obama administration wants a fast-track initial public offering of General Motors Co shares to reduce its majority stake in...

GM Chairman Ed Whitacre: Unless Employees Take Risks, Resist Bureaucracy, "We're Not Going To Make It"

Posted 05.25.2011 | Business

DETROIT (TOM KRISHER and DEE-ANN DURBIN --AP) - General Motors Co. Chairman Ed Whitacre Jr. urged the troubled automaker's employees to forget their o...

Is the Opposite of Capitalism Democracy? A Review of Michael Moore's Capitalism: A Love Story

Anis Shivani | Posted 05.25.2011 | Business
Anis Shivani

Moore explicitly states that we ought to turn to democracy as the alternative to capitalism. But the opposite of capitalism is not democracy, it is socialism.

Blockbuster News of Summer 2009

B. Jeffrey Madoff | Posted 05.25.2011 | Media
B. Jeffrey Madoff

The summer's biggest news.

Mort Zuckerman Offers GM 6-Months Free Rent

New York Post | John Crudele | Posted 05.25.2011 | New York

NOW that its wallet is fat with billions in taxpayer money, General Motors is reconsidering moving its New York offices out of the ultra-expensive bui...

GM Bankruptcy: 40 Days and 40 Nights to a New Era

Jill Schlesinger | Posted 05.25.2011 | Business
Jill Schlesinger

It's been a long road (pardon the pun) for GM and much has gone wrong over the years. But on the dawn of GM's new era, I want to believe that the company can succeed.

As GM Owners, Americans Need to Look to Their Declaration

Jamie Court | Posted 05.25.2011 | Politics
Jamie Court

Now the time has come for the White House to extend a hand to the families who lost loved ones in exploding GM cars, particularly given the other financial priorities in the bankruptcy plan.

Government May Never Recover Its Investment In GM

washingtonpost.com | Peter Whoriskey | Posted 05.25.2011 | Business

If a new General Motors emerges from bankruptcy as planned, U.S. financial aid for the company will expand to nearly $50 billion, but neither the gove...

Toyota May Offer Prius Hybrid to GM

bloomberg.com | Alan Ohnsman and Kae Inoue | Posted 05.25.2011 | Business

June 30 (Bloomberg) -- Toyota Motor Corp. may offer to supply a version of its Prius hybrid car to General Motors Corp. during a meeting between the c...

Is American Airlines the New G.M.?

Annie Roboff | Posted 05.25.2011 | Business
Annie Roboff

Like the American auto industry, our airlines were the first and the best. But now it's other countries and the Richard Bransons of the world that are leading the way in delivering a great product.

Arthur Delaney

Chrysler-GM Dealership Owner Gets Choked Up At Hearing (VIDEO)

HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011 | Business

The owner of a soon-to-be closed car dealership got choked up today while speaking out against General Motors' and Chrysler's plans to close hundreds ...

Arthur Delaney

GM Bankruptcy: HuffPost Readers Report The Hurt

HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011 | Business

The Huffington Post asked readers on June 2 to weigh in on how the General Motors bankruptcy would affect their towns and lives. Dozens of residents o...

Edward Whitacre Jr.: New GM Chairman Is Former AT&T CEO

Yahoo! Finance | Tom Krisher, AP Auto Writer | Posted 05.25.2011 | Business

UPDATE: Edward Whitacre was the son of a railroad engineer, who grew up trapping frogs and shooting rabbits, according to Business Week. DETROIT (A...

Commerce Secretary Locke: Rail Can Revive Auto Industry

Susan J. Demas | Posted 05.25.2011 | Business
Susan J. Demas

Linking up with rail makes perfect sense for a contracting industry, at a time when environmental and economic factors make expanding public transit a necessity.

GM Bankruptcy Hurts People of Color Hardest. Workers Desperately Need EFCA.

Seth Freed Wessler | Posted 05.25.2011 | Business
Seth Freed Wessler

In the economy we've inherited from the last three decades of deregulation and declining union density, people of color are increasingly relegated to low-wage, precarious work that pays too little to support a family.

Pinocchio in Drag: Sarah Palin's Latest Lies

Geoffrey Dunn | Posted 05.25.2011 | Politics
Geoffrey Dunn

Palin continues to maneuver herself, haphazardly as it may be, into a run for the presidency in 2012. Through it all she continues to delve in a disturbing duplicity, spewing lies and half-truths.