Tag Archive for 'federal'

Alternatives to loans for Detroit automakers

December 5th, 2008 • by David Zatz

Senate Republicans – not all of them, but a vocal majority – made it clear over the past weeks that they felt Detroit was filled with dinosaurs who couldn’t make a good car if their lives depended on it. They blocked attempts to get emergency loans with reasonable conditions (5% interest, and no merging or [...]

Tags: automakers, federal, government, loans.
bailout

32 Comments

Why GM doesn’t want to go bankrupt

November 17th, 2008 • by David Zatz

Senator Shelby, who refers to American automakers as dinosaurs making cars nobody wants (ignoring the domestics’ current market share and critically acclaimed vehicles such as the Chevy Malibu and Dodge Challenger), has suggested that the automakers should simply go bankrupt. Numerous other analysts have suggested this path, mainly as a way to avoid paying pensions [...]

Tags: automakers, bailout, banks, cars, federal, loans, nationalizing, regulation, toyota.
GM

7 Comments

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