Entries tagged "auto bailout"

Want a bailout? There's an iPhone app for that

Would you like a bailout? Are you a banker frustrated at politicians or a politician frustrated at bankers? Do you want to track the national debt? There's an iPhone app for that.

Rep. Hoyer plays politics with GM, Chrysler

As expected, politicians continue to play politics with government-owned General Motors and Chrysler.

Taxpayers shell out $300K per Chrysler job

The U.S. is spending more than $300,000 per blue-collar job saved with little chance of having its loans repaid.

Oprah for car czar?

First pundits suggested Steve Jobs as car czar, now Oprah Winfrey's name has surfaced. Is it any more absurd than Larry Summers or Steve Rattner?

Senators push for GM bankruptcy

Senior Republican senators appeared on separate Sunday morning political talk shows suggesting bankruptcy might be the best option for General Motors Corp. (NYSE:GM).

Vent your recession aggression

Do layoffs announcements, repeated bailouts, Ponzi schemes, slashed bonuses and crooked chief executives make you want to whack someone upside the head -- at least virtually?

Steven Rattner goes to Washington

Steven Rattner, managing principal of the private equity firm he co-founded nine years ago -- Quadrangle Group LLC -- will leave the firm to counsel to Secretary Geithner on the auto bailout.

A tale of two GM units

In addition to cutting U.S. brands Hummer and Saturn, GM is also considering Saab and Opel, but not before it attempts to shake down the Swedish and German governments for cash.

How long will GM keep brainwashing Congress?

The automakers have so convinced Congress about the dangers of a Chapter 11 filing that it really shouldn't come as a surprise if the government pumps another $21 billion into the companies.

Detroit bailout checklists

Corporate Dealmaker has assembled an outline of just what Chrysler and GM want and plans on doing over the coming months.

Video: Houlihan Lokey's Niemann on the auto bailout

At TMA/The Deal's Distressed Investing Conference Matthew Neimann talked bout what he hopes the Obama administration will focus on, another automotive bailout and strategics investing in distressed assets.

Chrysler won't say 'Hasta la vista, baby' to Hollywood

While much has been made of all of the dealers, suppliers and workers impacted by the troubles of automaker Chrysler LLC, it is nice to know that at least one Big Three constituent is not suffering: Hollywood. ...

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