Tag Archive for 'GM'

Why bankruptcy is a bad option

April 9th, 2009 • by David Zatz

Last night, I endured an argument (eventually ended by my wife) about why loans to automakers are bad, and why loans to banks are completely different.
“Why,” said the other person, after I explained that bankruptcy would result in tens of billions of dollars in charges to taxpayers from the Pension Guarantee Fund, as well as [...]

Tags: automakers, bailout, chrysler, general motors, GM, government.
Chrysler Corp, GM, bailout

5 Comments

Chrysler and the White House report

March 30th, 2009 • by David Zatz

One of the interesting things about the government report on Chrysler is how it has been received. Those who oppose aid to automakers slammed it for not demanding that Chrysler and GM immediately be put into bankruptcy, but most of the critiques I’ve read have been from Chrysler supporters. They had some choice words for [...]

Tags: bailout, cerberus, chrysler, general motors, GM, government, loans, merger, Obama.
Chrysler Corp, GM, bailout, cerberus

8 Comments

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