AltWeeklies Wire
GM Hits the Rocks: Will it be a 'Surgical' Bankruptcy?new
GM will now concentrate on small cars, and it is expending a lot of capital on the Chevrolet Volt, a radical plug-in hybrid still due in late 2010 that can travel 40 miles on its lithium-ion batteries alone.
New Haven Advocate |
Jim Motavalli |
06-16-2009 |
Business & Labor
GM's Bankruptcy Marks the End of an Era of Second-Best Arrogancenew
The truth is we all lose and, in a sense, it is the end of an era. But romanticizing GM's past, particularly the past several years, when we've watched it fall further and further behind Asian automakers in terms of affordability and technology isn’t healthy either.
Pasadena Weekly |
Jennifer Hadley |
06-16-2009 |
Business & Labor
New Fear in Chrysler Bankruptcy: Liability Claims May Be Voidednew
As currently structured, the proposed Chrysler-Fiat agreement would leave victims of allegedly defective Chrysler products sold before the deal is consummated unable to pursue claims against the automaker.
Metro Times |
Curt Guyette |
05-26-2009 |
Business & Labor
Money, Arrogance and Stupidity = Disaster for American Auto Industrynew
Chapter 11 does not mandate that the Big 3 close their doors. It mandates that they restructure and cut costs, just like the airlines did. Yet the Big 3 continue to be bullheaded and refuse to consider this option.
Pasadena Weekly |
Jennifer Hadley |
12-08-2008 |
Business & Labor
Asarco's Dirty Moneynew
For more than a century, American Smelting and Refining Co. raked in profits while poisoning poor communities in nearly two dozen states. In 2005, the company filed for bankruptcy, initiating a sprawling case that left many Texas residents wondering who will pay to clean up toxic waste at Asarco's dirtiest plant.
The Texas Observer |
Melissa del Bosque |
11-05-2008 |
Business & Labor
Reforming Bankruptcy, One Screwed Family at a Timenew
The bankruptcy "reform" bill before the House is bad morals--and bad business.
Metroland |
Miriam Axel-Lute |
04-07-2005 |
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