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23 Nov 2009, 8:32 am by UChicagoLaw
Harried people treat bankruptcy almost dismissively as a useful way of winding up firms that cannot keep their financial heads above water. [read post]
17 Nov 2009, 6:05 am
Buffeted by the recession and the seizing up of the credit markets, GM and Chrysler veered into bankruptcy, burdened by decades of questionable decisions. [read post]
16 Nov 2009, 4:49 am
DealBook colleague Micheline Maynard will be live-blogging General Motors' first earnings press conference after emerging from bankruptcy. [read post]
9 Nov 2009, 5:03 am by James Edward Maule
That’s the “If it’s good for GM, it’s good for America” mindset that has demonstrated its own shortcomings. [read post]
2 Nov 2009, 11:11 am
The report covers the period from July 10, 2009 through August 31, 2009 and provides financial details on the wind-down of GM's bankruptcy estates. [read post]
31 Oct 2009, 5:02 am
Since the start of the financial crisis, the U.S. government has put $50 billion into General Motors. [read post]
29 Oct 2009, 7:23 pm
On the other hand, I don't buy the theories about the deliberate diversion of taxpayer money into the hands of Wall Street "cronies" of Hank Paulson and Tim Geithner solely because the Wall Street firms are part of some nefarious cabal that involves government and financial "oligarchs. [read post]
29 Oct 2009, 7:02 am
Reality, October 29, 2009: Since the financial crisis broke, Congress has been acting like the board of USA Inc., invoking the infusion of taxpayer money to get banks to modify loans to constituents and to give more help to those in danger of foreclosure. [read post]
28 Oct 2009, 10:27 am
Treasury to receive a third financial lifeline, according to the Wall Street Journal. [read post]
22 Oct 2009, 2:00 pm
(Remember, dear readers, your federal government is not going to run the business of its financial wards!) [read post]
20 Oct 2009, 11:48 am
Yet the government tells GM what kind of cars to build and GM and Citigroup which directors to elect. [read post]
19 Oct 2009, 11:31 pm
Yet the government tells GM what kind of cars to build and GM and Citigroup which directors to elect. [read post]
14 Oct 2009, 11:19 am
 At GM and AIG, Treasury and the Fed are majority shareholders (GM is not currently publicly traded, but soon will be). [read post]
7 Oct 2009, 10:57 pm
This likely represents a step forward for the financially strapped and strained company. [read post]
7 Oct 2009, 10:57 pm by Philip Bartlett
This likely represents a step forward for the financially strapped and strained company. [read post]
6 Oct 2009, 2:10 am
Ken Feinberg has been reviewing the compensation proposals at a number of significant federally bailed-out companies; notably AIG, BofA, Citigroup, GM (and GMAC), and Chrysler (and Chrysler Financial). [read post]
22 Sep 2009, 7:38 am
The U.S. parent firm's financial difficulties have troubled the negotiations, but Jay Cooney, GM Daewoo vice president of communications and public policy, told reporters Tuesday at a new car launching event that the talks may be wrapped up in October with the visit of GM CEO Fritz Henderson.The company unveiled the Lacetti Premiere ID, a revamped model of the Lacetti Premier, at the same event. [read post]