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Category: bankruptcy

The New Romney on GM

Posted in American Motors, bankruptcy, debate, election, General Motors, GM, Jeep, loan guarantees, Romney, and Toledo

…loan guarantees would have given all the gains to Wall Street… David and I blogged in 2009 and then many times since on the so-called…

GM and the Upcoming Presidential Election

Posted in bailout, bankruptcy, General Motors, investment bank, restructuring, and Romney

by David Ruggles Amid the political turmoil of election season the rescue of the domestic auto industry by the George W. Bush administration and the…

Auto Bailout Redux: Warren Buffett

Posted in bailout, bankruptcy, car czar, Chapter 11, Chapter 7, Chrysler, DIP finance, General Motors, GM, Government Automotive Task Force, TARP, and Warren Buffett

…it was Bush who bailed out GM — Obama forced it into bankruptcy… Steve Rattner’s blog points out a February 27th CNBS interview with Warren…

Auto Bailout Redux and Mitt Romney

Posted in bailout, bankruptcy, Chapter 11, Chrysler, DIP finance, General Motors, GM, Michigan primary, Mitt Romney, and Rick Santorum

See the post on my parallel blog, US and Economics on Mitt Romney’s puzzling statements on the government-led bankruptcy of GM and Chrysler. First, as…