bloggingstocks.com - 12/12/2008
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With the bailout derailed in the Senate, General Motors (NYSE: GM ) is preparing for the possibility of a bankruptcy filing. The company has retained legal advisers to prepare for the worst but in a statement GM said that "The GM board of directors has discussed bankruptcy, but when it has done ...
ft.com - 12/11/2008
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ft.com —
The crisis in US newspapers yesterday claimed its
biggest victim when Tribune Company filed for bankruptcy protection,
a year after its $8.2bn leveraged buy-out by property tycoon Sam Zell. Mr Zell, a Chicago native whose history of reviving ...
(more)
FT.com / UK - Tribune in bankruptcy filing
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Treasury Offers Detroit Automakers Hope
AOL News —
... A stalemate between Senate Republicans and the autoworkers union dooms a bill to provide $14 billion in emergency loans to the nation's desperate automakers. The Big Three now turn to the Treasury Department, which says it may commit some of Wall Street's $700 billion bailout to Detroit. General Motors and Chrysler warn that they could run out of money within weeks. Also See: Midwest Credit Unions Commit $10 Billion to Auto Sales
BloggingStocks: Exploring Bankruptcy | GM May Have Cash to Make It ...
Big Three May Share in Financial Bailout
AOL News —
... The nation's desperate automakers turn to the Bush administration after a stalemate between Senate Republicans and the autoworkers union dooms a bill to aid the Big Three. The Treasury Department says it will consider breaking off some of Wall Street's $700 billion bailout for Detroit. Also See: Union Head Cheers Progress | More Cuts at GM
BloggingStocks: Exploring Bankruptcy | GM May Have Cash to Make It ...
White House Weighs Automakers' Options
AOL News —
... The nation's desperate automakers turn to the Bush administration after a stalemate between Senate Republicans and the autoworkers union dooms a bill to aid the Big Three. The Treasury Department says it will consider breaking off some of Wall Street's $700 billion bailout for Detroit. Also See: Labor, Southern Lawmakers at Odds | More Cuts at GM
BloggingStocks: Exploring Bankruptcy | GM May Have Cash to Make It ...
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product-reviews.net 3/30/2009 — General Motors Corp. (GM) stocks have taken a beating early this morning, following the news that GM could only be looking at government help in the short-term. It is not only GM stocks that have been hit; the overall stock market in the US has also been suffering since the news was announced. ...
General Motors Cutting 10,000 More Jobs
money.aol.com 2/10/2009 —
General Motors Cutting 10,000 More Jobs posted: 15 MINUTES AGO comments: 0
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GM | General Motors: Investors: Quarterly Earnings Release
gm.com 10/29/2008 — GM Homepage Search Powered by Google News Retirees Owners Investors Careers Home GM Worlwide All GM Sites GM Auto Brands Buick Cadillac Chevrolet GMC GM Daewoo Holden HUMMER Oldsmobile Opel Pontiac Saab Saturn Vauxhall Certified Used Vehicles Fleet & ...
Great news: Auto industry considering prepackaged bankruptcy
bloggingstocks.com 12/5/2008 — The automobile industry thought it could follow the successful sales pitch that George W. Bush used to sell the Iraq War and Hank Paulson used to sell the $892 billion Troubled Assets Relief Program (TARP) who kept repeating that the alternative to ...
Bankruptcy wouldn't stop shoppers from buying U.S. cars
usatoday.com 12/16/2008 — General Motors CEO Rick Wagoner first brought up, in his November Senate testimony, the now oft-cited data that 80% of people would not buy a car from a company that filed. It's been a strong argument that Detroit needs government aid, not bankruptcy ...
The Bankruptcy Option Catches GM (GM) And Chrysler In It Web
247wallst.com 12/4/2008 — According to Bloomberg, "General Motors Corp. and Chrysler LLC executives are considering accepting a pre-arranged bankruptcy as the last-resort price of getting a multibillion-dollar government bailout." No one should be shocked. The two companies ...
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