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    GM and AIG: Why bondholders might want bankruptcy

    Before we begin, let us state clearly that this is speculation by Karl Denninger at The Market Ticker. Examining the various stakeholders' interests in General Motors, Denninger has come up with a scenario that supposes GM's bondholders might actually want the automaker to file for bankruptcy. The ...

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    STUDY: 76% of Americans believe economy can survive without GM

    According to The Detroit Free Press, Rasmussen Reports called 1,000 people and asked them if they believed "the economy could recover without General Motors in business." The results were clear: 76% of respondents said "Yes, it can." The sentiment against any more taxpayer money being used to ...

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    Rumormill: Obama will set a deadline for GM and Chrysler to address issues or enter Chapter 11

    GM and Chrysler have until Tuesday to complete the financial restructuring demanded by the government under the terms of the bridge loans. It is unlikely that they will make that target. The sticking point for GM is unwillingness on the part of bondholders to agree to what's being asked: GM needs ...

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    GM argues against bankruptcy, its auditors may disagree

    General Motors has once again used its Fastlane Blog (go blogs!) to defend itself from those would prefer it just enter into bankruptcy via a Chapter 11 reorganization. The latest assault comes from Harvard Law professor Mark J. Roe who published a piece entitled Would a GM Bankruptcy Crash its ...

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    Opinion: What should happen to Saturn, Vauxhall and Opel during GM's reorganization?

    Amidst all the recent bailout talk, one question being asked is what role GM's Opel division will serve in a new-and-hopefully-improved General Motors. More succinctly, will Vauxhall and Saturn soldier on unchanged or will they simply fade into automotive landscape? Automotive News seems to think ...

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    GM vows to deliver Volt, bailout or no

    Click above for high-res gallery of the 2011 Chevy Volt
    Will they or won't they build the Chevy Volt? That question has been asked repeatedly and taken on new meaning since General Motors released details of its current financial situation. Another question has popped up as a result: should they? ...

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    Quoth Mitt Romney in the NYT: "Let Detroit Go Bankrupt"

    Mitt Romney, former Massachusetts governor, former entrant in the marathon to win the White House, and current automotive industry expert (who knew?) had a few things to say in the New York Times today on the potential auto industry bailout. The opening paragraph says it all: "IF General Motors, ...

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    GM and Chrysler say bankruptcy not in the cards

    Despite recent rumblings to the contrary, both General Motors and Chrysler claim that they will not be going bankrupt any time soon. Still, as much as the two American automakers would love to quell fears of unsustainable liquidity, questions remain, especially as the pickup market in the United ...


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