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Published November 25, 2009 at 1:51 PM
General Motors Co. hasn't said whether the collapse (The Deal Pipeline subscription required) of its sale of the Saab brand to Koenigsegg Automotive AB will derail it from paying back its taxpayer-backed loan. The automaker announced on Nov. 16 it was on track to repay the $6.7 billion loan by 2011. But as Kimberly Davis Rodriguez, co-head of global automotive services for Grant Thornton LLP, says, the biggest challenge in GM repaying its debt, and ultimately surviving long term, is allowing consumer demand to dictate the cars it manufactures. See the video below or
download it at iTunes. - Suzanne Stevens
Steptoe & Johnson LLP hired Brigida Benitez as a partner in the international regulation and compliance and commercial litigation practices in Washington. For other updates launch today's Movers & shakers slideshow.
In this video, Bruce Aust, Nasdaq's EVP of the global corporate client group, explains its acquisition strategy, which has recently included several companies in the corporate solutions business. More video
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