But unless that happens, GM's customers probably won't feel the impact. There will be fewer dealerships to service vehicles. But warranties would still be honored by subcontractors set up by the bankruptcy court. "I think ultimately the consumer benefits from all this," Tynan says. "Once we...
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its stock moved from the NYSE to the Pink Sheets, and its ticker changed from "GM" to "GMGMQ."5The "Q" at the end signified bankruptcy. Once the company emerged from bankruptcy, it re-listed on the NYSE under the original GM ticker in late 2010.6 ...
According to Ron Harbour, who has probably toured more automotive plants than almost any human being on the planet, "GM did not go bankrupt because of anything related to manufacturing. If there was one thing they did extremely well, it was that." ...
Even so, economists, politicians, and financial professionals still debate TARP's merits and wonder if it had been necessary. Critics charge the program did little to help the housing markets, which remained depressed for years. Some say it did not go far enough—that the government should have...
Last year, I visited Fortaleza in Ceará state to uh, "catch up" with an old girlfriend of mine that I hadn't seen for quite a few years. I took this at the Beira-Mar: The beaches in this region are simply paradise, so if you go to Bahia, you might want to spare a few days...
(the public) to own stock in the company until 1956, after Henry’s death. Both companies rise to new challenges as Toyota, Honda, and many others have flooded the American market in the last fifty years. GM goes bankrupt; Ford nearly so but avoids it. Both have, at least for now, ...
Jobs also co-founded and served as chief executive of Pixar Animation Studios; Jobs was among the first to see the commercial potential of Xerox PARC’s mouse-driven graphical user interface, which led to the creation of the Apple Lisa and, one year later, the Macintosh. He also played a...
and let it go back to printing its own currency. Ultimately the Greeks would either print currency to continue to pay back their debt or go into default. Either scenario doesn’t destroy Europe. It just forces Greece to rebuild over a couple of decades. Countries go bankrupt and still survi...
notes the blog. "The chef revealed his secret — a pre-mixed blend of lard, baking powder, flour, and salt that he stored in an ice chest." Smith took the idea to a GM food scientist and a year later, Bisquick was born. Today, in addition to biscuits, people use Bisquick products...