U.S. Gets Majority Stake in New GM

Washington Post by Peter Whoriskey | Jun. 1, 2009 (News Report)
Firm’s Investors Cry Foul Over Bankruptcy Plan

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 well over 1 million people, counting jobs at the company and at its suppliers. Full Story »

Posted by Kaizar Campwala

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Subjects: U.S., Business
Topics: U.S. Economy, Finance, Labor, Cars, Jobs
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Posted by: Posted by Kaizar Campwala - Jun 1, 2009 - 5:24 AM PDT
Reviewed by: Kaizar Campwala (review), Derek Hawkins (review), Patricia Schurr (review)
Content Type: Article
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Edited by: Kaizar Campwala - Jun 1, 2009 - 6:47 AM PDT

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Kaizar Campwala
4.2
 by Kaizar Campwala - Jun. 1, 2009

Goes in-depth into the issue of unions vs. bondholders, tackling this issue head on with good information and sharp analysis. Recommended.

Kaizar posted this story.
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Derek Hawkins
3.8
 by Derek Hawkins - Jun. 1, 2009
See Full Review » (10 answers)

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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
     See Reviews »

  • 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 ...
    Posted by Derek Hawkins
    3.9
     See Reviews »
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