Entries tagged "GM"

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AIG's Steve Miller: 'The rescue has worked'

The Deal Economy 2011: 'Turnaround kid' AIG chairman Steve Miller gives his report card on TARP in this video interview with The Deal magazine. Continue reading

Posted on December 29, 2010 12:23 PM

General Motors' road to recovery

GM says that it will sell its Saginaw, Mich.-based steering business Global Steering Holdings LLC to an entity established by two Chinese firms. Continue reading

Posted on July 27, 2010 11:47 AM

A nasty pileup

The auto industry's core problem is overcapacity. Bailouts make it worse, not better. Continue reading

Posted on December 11, 2009 2:29 PM

Last lap

After months of wrangling, GM is close to signing over Opel to Canada's Magna and Russia's Sberbank. Continue reading

Posted on October 16, 2009 10:56 AM

Cheap trick

Creditors are increasingly eager to engage in credit bids — using debt owed to them to either buy companies out of bankruptcy or preserve their value. It's not for the fainthearted. Continue reading

Posted on September 18, 2009 1:57 PM

Traffic jam

British officials are grumbling about Berlin's attempts to saddle it with some of the costs of the Opel deal. But they won't stop the sale. Continue reading

Posted on September 18, 2009 1:24 PM

Gerber at the wheel

Chrysler's ride through bankruptcy kept Judge Robert Gerber busy. Now he must drive the even larger, and possibly more contentious GM bankruptcy through court. He will have to draw upon prior experience overseeing the bankruptcy proceedings of Adelphia, Global Crossing and Lyondell Chemical. Continue reading

Posted on June 19, 2009 11:52 AM

Bankruptcy revisited

Why the General Motors and Chrysler bankruptcies may be creative but illegal. Continue reading

Posted on June 15, 2009 10:00 AM

The glorious dream continues

The Liberty Entertainment-DirecTV merger is another complex, tax-light John Malone deal. But beneath the details lurk real assets and intriguing possibilities. Continue reading

Posted on May 15, 2009 11:57 AM

Traction control

GM's West Coast technology outpost bridges the gap between Silicon Valley and Detroit. Continue reading

Posted on May 15, 2009 11:53 AM

Engine boost

U.K. vanmaker LDV got a small government loan. It's not a Detroit-style bailout, but it may be a sign of the future. Continue reading

Posted on May 15, 2009 11:52 AM

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