GM, Now Government Motors

General Motors presented a plan to restructure the company, with some surprising and controversial steps to decrease its debt. First,

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Obama’s Magic Bullet For The Auto Industry: The Case For Bankruptcy

http://www.cnn.com/2009/POLITICS/04/06/nerad.general.motors/index.html http://www.cnn.com/2009/US/04/06/gm.dealer.outlook/index.html Since last fall, I and others have said that Chapter 11 Bankruptcy would be the best course of

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Obama’s Magic Bullet for the Auto Industry

http://www.cnn.com/2009/US/03/30/gm.ceo.compensation/index.html UPDATE:  It appears that President Obama now favors a structured bankruptcy as the best course for GM and Chrysler. 

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UAW says no way…

The UAW, as expected, was very angry with restrictions on their pay that was in the final bailout plan released

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http://news.yahoo.com/s/ap/20081212/ap_on_go_co/congress_autos I have not spent much time on the auto bailout (there has been so much other tantalizing stuff going

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http://news.yahoo.com/s/ap/20081212/ap_on_go_co/congress_autos I have not spent much time on the auto bailout (there has been so much other tantalizing stuff going

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http://news.yahoo.com/s/ap/20081212/ap_on_go_co/congress_autos I have not spent much time on the auto bailout (there has been so much other tantalizing stuff going

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The beginning of the end of the car industry?

The support for a bailout for the Detroit Big Three automakers is so weak, the Senate is not even going

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