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Gm Bankruptcy

Geithner Talks China, Recession, Federal Deficit (VIDEO)

The Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

Treasury Secretary Timothy Geithner appeared on CNBC this morning and discussed the GM bankruptcy, economic relations with China, and the ballooning F...

Brian Deese: GM Bankruptcy's 31-Year-Old Wiz Kid | DAVID E. SANGER | Posted 05.25.2011 | Business

WASHINGTON -- It is not every 31-year-old who, in a first government job, finds himself dismantling General Motors and rewriting the rules of American...

GM Plant Closings: Latest Round Hits Michigan Hardest

Posted 05.25.2011 | Business

YAHOO FNANCE Kathy Barks Hoffman, Associated Press Writer ANSING, Mich. (AP) -- As General Motors Corp. on Monday named the operations it would close...

VIDEO: GM CEO Fritz Henderson Talks Bankruptcy | Posted 05.25.2011 | 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...

GM Bankruptcy: White House Fact Sheet

The Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

Late Sunday night, the White House released a fact sheet on the General Motors bankruptcy, which indicates the Detroit automaker will receive another ...

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

The Atlantic | Conor Clarke | Posted 05.25.2011 | 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...

Dow Jones Kicks Out GM And Citigroup

AP | TIM PARADIS | Posted 05.25.2011 | Business

NEW YORK — The Dow Jones industrial average is the latest Wall Street institution to be reshaped by the financial crisis. The stock market's be...

Arthur Delaney

GM's "Death Star" Jeopardizes Illinois Town | Arthur Delaney | Posted 05.25.2011 | 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...

GM Files For Bankruptcy

AP | DAN STRUMPF and KIMBERLY S. JOHNSON | Posted 05.25.2011 | Business

NEW YORK — General Motors entered Chapter 11 bankruptcy protection Monday with a near-complete plan to quickly emerge and potentially become pro...

VIDEO: Ad Introduces 'New GM'

The Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

What would a bankruptcy be without a wholesale rebranding? AdAge got a copy of a new video spot which introduces us to the 'new GM.' In case you're wo...

Government Motors: US Will Own 60% Of GM

AP | JIM KUHNHENN and KEN THOMAS | Posted 05.25.2011 | Business

WASHINGTON — General Motors, the humbled auto giant that has been part of American life for more than 100 years, will file for bankruptcy protec...

Roy Sekoff on MSNBC: Obama Behind the Curve on Gay Marriage

Huff TV | Posted 05.25.2011 | Politics
Huff TV


GM Bankruptcy Looms As Bondholders Shun Tender Offer

AP | TOM KRISHER and DAN STRUMPF | Posted 05.25.2011 | Business

DETROIT — General Motors bondholders felt they deserved something like a 58 percent stake in the company in exchange for their billions of dolla...

U.S. Government Expected To Own 70% Of GM | MICHELINE MAYNARD | Posted 05.25.2011 | Business

DETROIT -- The government will hold a large share of a restructured General Motors after the company emerges from bankruptcy protection, and will prov...

GM Bankruptcy Would Be Most Complicated In History

New York Times | MICHELINE MAYNARD and MICHAEL J. de la MERCED | Posted 05.25.2011 | Business

It is not just lawyers who will be busy handling a G.M. bankruptcy filing, which would be perhaps the biggest and most-watched in legal history. Beca...

Analysts: GM Bankruptcy May Not Be All That Bad

AP | TOM KRISHER | Posted 05.25.2011 | Business

DETROIT — With General Motors' long-anticipated day of reckoning a little more than a week away, nearly all signs are pointing to the wounded au...

US Steering GM Into Bankruptcy

Washington Post | David Cho, Peter Whoriskey and Kendra Marr | Posted 05.25.2011 | Business

The Obama administration is preparing to send General Motors into bankruptcy next week under a plan that would give the automaker tens of billions of ...

GM is Doomed

Sheldon Filger | Posted 05.25.2011 | Business
Sheldon Filger

Policymakers apparently prefer having companies exist that engineer exotic financial derivatives than a manufactured product that is assembled by a skilled, well-compensated workforce.

GM Bankruptcy: Quick Sale Of Assets To New, Healthy Gov-Owned Company

Reuters | Chelsea Emery and Tom Hals | Posted 05.25.2011 | Business

NEW YORK, May 19 (Reuters) - General Motors Corp's (GM.N) plan for a bankruptcy filing involves a quick sale of the company's healthy assets to a new ...

GM Losers: 30 Shareholders That Could Get Hurt By Bankruptcy | Rick Newman | Posted 05.25.2011 | Business

If General Motors declares bankruptcy, some of its investors--including bondholders, other secured lenders, and the U.S. government--are likely to get...

In Surprise Move, GM Forces Government to File for Bankruptcy

Roy Rivenburg | Posted 05.25.2011 | Comedy
Roy Rivenburg

Economists said the U.S. would need to dump underperforming programs and states, then reemerge as a smaller nation.

GM Bankruptcy Almost Inevitable, Experts Say

AP | TOM KRISHER | Posted 05.25.2011 | Business

DETROIT — For General Motors Corp., the task at hand is so difficult that experts say a Chapter 11 bankruptcy filing is all but inevitable. To ...

GM posts $6B 1Q loss, spends $10.2B in cash

Yahoo! Finance | Tom Krisher and Kimberly S. Johnson | Posted 05.25.2011 | Home

DETROIT (AP) -- General Motors Corp. lost $6 billion in the first quarter and its revenue was cut nearly in half as car buyers feared the wounded auto...

Grand Theft Automaker

Stuart Whatley | Posted 05.25.2011 | Business
Stuart Whatley

Nobody expects the administration to right the world economy in a day, but what it can do is make sure each who is owed gets his fair share of the pie.

GM Employee Stock Fund Dumps All Company Shares As Bankruptcy Threatens

AP | Posted 05.25.2011 | Business

WASHINGTON - The manager of General Motors' employee stock fund has sold off all remaining shares of the troubled auto maker, which is closing plants ...