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Tag Archives: General Motors Restructuring
G.M. Files Bankruptcy
General Motors will today file for bankruptcy protection, bringing an icon of American industry to Chapter 11. President Obama will speak to the filing this morning. (I will attach video to this post as soon as it is available). From … Continue reading
G.M. and Chrysler Ask for More Help
Both G.M. and Chrysler tonight filed plans required of them by the federal government pursuant to the loans they took back in December. In terms of the financial requests being made G.M. is seeking an additional $16.6 billion in federal … Continue reading
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