Tag Archive for 'nationalizing'

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

Too big to fail, but not too big to spank

October 30th, 2008 • by David Zatz

General Motors and Chrysler are still both too big to fail. It is in the nation’s interest to keep them alive and solvent, with hundreds of thousands of jobs and America’s industrial future riding on their success.
That’s not to say we should reward their leaders’ greed or incompetence with loads of cash, though.
Rick Wagoner should [...]

Tags: cerberus, chrysler, general motors, GM, merger, nationalizing, takeover.
Chrysler Corp, GM

8 Comments

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