September 12th, 2009 • by David Zatz
Congratulations, Bob Lutz. You had the right idea on GM. Most Americans think GM and Chrysler are still bankrupt. General Motors is running a series of ads to show that it isn’t, and that it still has a future. A huge number of Americans still seem to think that Chrysler is owned by the government [...]
July 16th, 2009 • by David Zatz
Could H.R. 2743, almost certain to be passed within the next day or two, cause the Chapter 7 liquidation of GM and Chrysler and the loss of government loans already made to those entities? Here is the operative text of the bill: … an automobile manufacturer in which the Federal Government has an ownership interest, [...]