Bankruptcy News |
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Obama team mulls prepackaged bankruptcy for automakers ...
In a prepackaged filing, companies like General Motors (NYSE: GM) would head to the bankruptcy court with agreements already worked out with the major constituencies: workers, suppliers and lenders. Going in with a plan could cut down ... |
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Firedoglake » Obama Denies Planning “Pre-Packaged” Bankruptcy
The problem here is that folks haven’t been buying cars from these companies pre-potential-bankruptcy. So it seems the Big 3 are trying to build a case on very shaky ground. I think I get the economic realities here and the need to do ... |
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Bankruptcy, not bailout : eLetters
Denver Post - Denver and Colorado letters to the editor. |
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naked capitalism: The Ill-Considered Problem of a GM Bankruptcy
Commentary on current economic and financial news. |