GM bankruptcy: How will it impact the US?

Christian Science Monitor by Mark Trumbull | Jun. 1, 2009 (News Analysis)

General Motors put its house in order this weekend in preparation for its expected declaration of bankruptcy Monday. On Saturday, a majority of the bondholders agreed to trade in their share of GM debt for stock in the firm as part of a restructuring plan backed by the US government. Full Story »

Posted by Derek Hawkins

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Subjects: U.S., Politics, Business
Topics: U.S. Economy, Obama Administration, Cars
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Posted by: Posted by Derek Hawkins - Jun 1, 2009 - 12:37 AM PDT
Reviewed by: Derek Hawkins (review), Kaizar Campwala (review)
Content Type: Article
Edit Lock: This story can be edited
Edited by: Derek Hawkins - Jun 1, 2009 - 12:37 AM PDT
Related Comments: Obama Administration (3)

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Derek Hawkins
3.3
 by Derek Hawkins - Jun. 1, 2009

I'm surprised that the Monitor's first question was, 'Should I go bargain hunting at a Chevy or Saturn dealership?' Was there not a better starting point? Some of this analysis is lukewarm, and in some places too rosy. Sourcing should have been better.

Derek posted this story.
See Full Review » (11 answers)
Kaizar Campwala
3.4
 by Kaizar Campwala - Jun. 1, 2009

A good idea, but half-baked in its execution.

See Full Review » (11 answers)

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3.4

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3.0
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4.0
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3.0
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  • New Era in Autos as GM Set for Bankruptcy

    Wall Street Journal by Kevin Helliker, Neil King Jr., John D. Stoll | Jun. 1, 2009 (News Analysis)
    The question now facing 56,000 auto workers, 3,600 GM dealers and the Obama administration: Will it work?
    Posted by Kaizar Campwala
    3.5
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