For G.M., a Step Toward Bankruptcy and a New Start

New York Times by David E. Sanger, Jeff Zeleny, Bill Vlasic | Jun. 1, 2009 (News Report)

President Obama will push General Motors into bankruptcy protection on Monday, making a risky bet that by temporarily nationalizing the onetime icon of American capitalism, he can save at least a diminished automaker that is competitive. Full Story »

Posted by Derek Hawkins

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Subjects: U.S., Politics, Business
Topics: U.S. Economy, Obama Administration, Finance, Cars
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Posted by: Posted by Derek Hawkins - Jun 1, 2009 - 12:38 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 - 12:38 AM PDT
Related Comments: Obama Administration (3)

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Kaizar Campwala
3.9
 by Kaizar Campwala - Jun. 1, 2009

An excellent news report that presents a significant, complex, and politicized news event with good background and analysis. It certainly wasn't perfect, but it is quite good.

Nonetheless, Michael Useem, a professor of management at the Wharton School at the University of Pennsylvania, said the decision would “mean a new chapter in the history ... More »

See Full Review » (12 answers)
Derek Hawkins
3.5
 by Derek Hawkins - Jun. 1, 2009
Derek posted this story.
See Full Review » (2 answers)

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  • / Companies / European companies - GM to file for Chapter 11 protection Pending

    Financial Times | Jun. 1, 2009
    Posted by Kaizar Campwala
    See Reviews »

  • U.S. Gets Majority Stake in New GM

    Washington Post by Peter Whoriskey | Jun. 1, 2009 (News Report)
    The court filing will mark the end of financial independence for the 100-year-old industrial leviathan that once conflated its interests with the country's and that employed ...
    Posted by Kaizar Campwala
    4.0
     See Reviews »

  • 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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