General Motors Bankruptcy

GM IPO 2010? Offering Could Come Next Year, Says Obama Administration

Reuters | Kevin Krolicki and John Crawley | Posted 11.18.2009 | Business


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

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

Anis Shivani | Posted 10.05.2009 | 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 11.08.2009 | Media


B. Jeffrey Madoff

The summer's biggest news.

Mort Zuckerman Offers GM 6 Months Of Free Rent To Stay Put: Report

New York Post | John Crudele | Posted 08.15.2009 | 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 08.10.2009 | 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 08.08.2009 | 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.

GM Bankruptcy: Government May Never Recoup Its Investment

washingtonpost.com | Peter Whoriskey | Posted 07.31.2009 | 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 07.30.2009 | 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 07.26.2009 | 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 07.13.2009 | 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 07.11.2009 | 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 07.10.2009 | 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 07.06.2009 | 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 07.05.2009 | 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 07.04.2009 | 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.

Cheney: Bush Copped Out On GM Bankruptcy

Politico | Posted 07.04.2009 | Politics


Former Vice President Dick Cheney says that former President George W. Bush did not want to be the one who "pulled the plug" on General Motors and ins...

Jason Linkins

Playboy Scorned For Hateful Attack On Conservative Pundits (And The Rest Of Today's Scritti Politti)

HuffingtonPost.com | Jason Linkins | Posted 07.03.2009 | Media


Circumstances conspired against me doing what Chip Hanlon advises on these pages today: heap a ton of scorn on Playboy Magazine and writer Guy Cimbalo...

The Death of GM: A Much Needed Wake-Up Call

Bobbie Wasserman | Posted 07.03.2009 | Business


Bobbie Wasserman

This is not a worker problem, it's a management problem. Autoworkers produce quality products. It was management that decided what those products would be.

GM Says It Has 16 Suitors For Saturn

CBS News | Posted 07.03.2009 | Business


General Motors Corp. says it has 16 buyers interested in purchasing its Saturn brand, while three parties are interested in the Swedish Saab brand. ...

Lawmakers Squabble Over GM Plant Locations (VIDEO)

The Huffington Post | Ryan McCarthy | Posted 07.03.2009 | Business


With the General Motors bankruptcy just hours old, lawmakers are already jockeying for control over where GM plants will be located. Just yesterda...

GM's Hummer Sale: Tentative Deal Reached

AP | Posted 07.03.2009 | Business


NEW YORK — General Motors Corp. said Tuesday that it has tentatively agreed to sell its Hummer brand, a day after the U.S. automaker filed for b...

New GM, Chrysler Leaders -- Wrong for the Jobs

Steve Parker | Posted 07.02.2009 | Business


Steve Parker

The Harvard MBAs in the auto executive suites wouldn't know a good car if they got run over by one. And ultimately it's the cars which are going to save GM and Chrysler.

How Much Of Coporate America Does The U.S. Own?

The Atlantic | Conor Clarke | Posted 07.02.2009 | Business


As you've probably heard by now, Obama is sending General Motors to file for Chapter 11 bankruptcy. And, as you've also probably heard, the United Sta...

Arthur Delaney

GM's "Death Star" Jeopardizes Illinois Town

HuffingtonPost.com | Arthur Delaney | Posted 07.02.2009 | Business


Ralph Nader said a General Motors bankruptcy would launch "a conclusive Death Star to tens of thousands of jobs, thousands of small businesses and adv...

VIDEO: GM CEO Fritz Henderson Talks Bankruptcy

CNBC.com | Posted 07.02.2009 | Business


General CEO Fritz Henderson appeared on CNBC earlier today to talk about bankruptcy and what the future holds for the the century-old automaker. Watch...