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Gm Chrysler Deal

The Double-Standardization Of Double Standards

Stuart Whatley | Posted 05.25.2011 | Politics
Stuart Whatley

Surely there is nothing new about double standards in business and finance, especially in the current crisis. In fact, there may even be a rising double standard for what constitutes a double standard.

GM, Chrysler Close In On Deal For US Loans, Say Sources

Reuters | Posted 05.25.2011 | Business

DETROIT - General Motors Corp and Chrysler LLC made significant progress late Thursday on a deal to secure emergency loans as part of a U.S. governmen...

Bush Administration Refuses Aid To Automakers For Merger

DealBook | Posted 05.25.2011 | Business

A deal to merge General Motors and Chrysler has hit an impasse after the Bush administration ruled out financing for it, Reuters reported, citing thre...

GM/Chrysler Merger - 70,000 Idled

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

It wasn't hard to predict the demise of the "Hemi hybrid," but the end came a lot faster than expected. They should have given them a full year of production before, literally, pulling the plug.

GM Making Case That It's Too Big To Fail

New York Times | Andrew Ross Sorkin | Posted 05.25.2011 | Business

Is General Motors too big to fail? Rick Wagoner would sure like us to think so. Mr. Wagoner, the chief executive of the ailing automotive giant, spen...

GM May Get Loan For Chrysler Deal

Wall Street Journal | DEBORAH SOLOMON and STEPHEN POWER | Posted 05.25.2011 | Business

WASHINGTON -- The Department of Energy is working to release $5 billion in loans to General Motors Corp., according to a person familiar with the matt...

Who is a Top Exec at Cerberus/Chrysler?!?!

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

Whew! I thought Cerberus might really be in over their heads with their purchase of Chrysler from Daimler. Now that we know Dan Quayle is on the front lines, though, we can sleep a little sounder this evening.

GM May Sell ACDelco Unit To Raise Capital

DealBook | Posted 05.25.2011 | Business

G.M. has been negotiating with Chrysler, which is controlled by the private equity firm Cerberus Capital Management, about a potential merger between ...

AP source: Credit trouble slowing GM-Chrysler deal

AP | TOM KRISHER and JOE BEL BRUNO | Posted 05.25.2011 | Business

DETROIT — A potential deal for General Motors Corp. to acquire Chrysler LLC is slowly moving forward, but the transaction is being hampered by a...