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25 Jun 2009, 1:45 am
While GM bankruptcy advisors are drawing ire for "staggering" fees, advice on value pricing is available in the current Journal of Accountancy.Two GM consultants (Evercore Partners and AlixPartners) are being singled out by the bankruptcy trustee for overlapping and "excessive" fees reportedly totalling $130 million for one year, according to a story this week in the New York Times DealBook titled Trustee Objects to Fees for G.M. [read post]
23 Jun 2009, 10:44 am
The United States Trustee seems to think that General Motors is paying two of its consultants, the investment bank Evercore Partners and the turnaround firm AlixPartners, too much for the services they've rendered. [read post]
23 Jun 2009, 9:40 am
G.M. [read post]
18 Jun 2009, 4:31 pm
The trustees overseeing health benefits for union retirees at General Motors said Thursday that they had chosen a former G.M. adviser to be a member of the automaker's board. [read post]
18 Jun 2009, 2:35 pm
General Motors has shed one of the items that piqued the ire of Congress last fall: its fleet of leased corporate jets. [read post]
16 Jun 2009, 5:15 am
General Motors said a preliminary agreement has been reached to sell, Saab, the company's loss-making Swedish unit, to the sportscar maker Koenigsegg. [read post]
11 Jun 2009, 3:29 pm
In seeking a new chairman for General Motors, the Obama administration turned to a longtime Republican fund-raiser, Edward E. [read post]
11 Jun 2009, 1:31 pm
General Motors' new chief executive, Fritz Henderson, expects to keep his job beyond the automaker's bankruptcy, but his ultimate fate appears far from decided. [read post]
11 Jun 2009, 1:01 pm
General Motors is close to selling Saab to Koenigsegg, a Swedish maker of high-end sports cars, a person close to the negotiations said. [read post]
11 Jun 2009, 8:48 am
:But it will be up to the federal government, which will own a majority of General Motors when it emerges from bankruptcy, to tackle what is perhaps the most difficult challenge in Detroit: transforming G.M. [read post]
9 Jun 2009, 8:00 am
Edward E. [read post]
9 Jun 2009, 5:38 am
BILL STUNTZ ON G.M. [read post]
5 Jun 2009, 10:41 am
What would General Motors fetch in a hypothetical liquidation? [read post]
5 Jun 2009, 8:02 am
General Motors has agreed to sell its Saturn brand to Roger Penske, a major auto dealer. [read post]
5 Jun 2009, 4:55 am
For G.M.'s chief restructuring officer, Albert A. [read post]
4 Jun 2009, 11:01 am
Should General Motors bring in Mitt Romney, the former presidential candidate and buyout chief, to steer a turnaround? [read post]
4 Jun 2009, 4:47 am
As General Motors reorganizes in North America and spins off its European business, its operations in emerging markets like China, India and Brazil have survived virtually unscathed. [read post]
3 Jun 2009, 4:36 pm
The chief executive of General Motors, Fritz Henderson, vowed to Congress that as long as the American taxpayer is its largest investor, "it's our obligation to be open and transparent in all we do to reinvent G.M. [read post]
2 Jun 2009, 9:53 am
Separately, G.M. executives said Tuesday there are 16 potential bidders for Saturn. [read post]
2 Jun 2009, 6:42 am
Fritz Henderson, chief executive of General Motors, told Swedish Radio that there were three possible bidders interested in Saab, its troubled subsidiary, but that neither Fiat nor Ripplewood, the U.S. private equity firm, were among them. [read post]
