GM Goes Bankrupt; U.S. Injects $30 Bil And Will Own 60%.General Motors ended 100 years of free enterprise Monday by filing for bankruptcy protection. The deal effectively nationalizes GM with the government taking a 60% ownership stake. [ FROM PUBLISHER]HIGGINS...
Tesla will not go bankrupt. It cannot go bankrupt. At the moment, the company is still well-placed to raise another funding round and could likely even do as many as three more funding events before investors stop lining up. Failure for Tesla won’t happen tomorrow, but it is coming. Mo...
over their heads and go bankrupt. They may think they'd be better off with more credit so they could expand in hopes of making more sales and more profits. 4. If the negative is truly unimportant, omit it. Omit negatives only when • The audience does not need the information to ...
My getting-old GM vehicle has ice-cold A/C that I have never had to touch, nor did my last GM vehicle that was leaving rust stains on my driveway at 300k miles—-disappointing for the Kia. lenert Aug 1, 2020 at 12:43 pm They look nic...
The first factory to close up and move off shore was the GM Termstead Plant located in Genesee County, MI. Since then the GOP has given the USA, more tax breaks/welfare to the W/C, A 1000 points of light along with the biggest service nation in the world, the bail out of th...
Buffett Detroit will be better, stronger after bankruptcy The Berkshire Hathaway chairman is bullish on the Motor City.Speaking in front of a Detroit audience on Thursday, Warren Buffett sounded an optimistic note about the struggling city’s ongoing bankruptcy trial.Investing in Detroit, he says, ...
California voters have rejected the nonfunctional minority-rule government that has bankrupted the state, along with the governor who led the state into bankruptcy. The voters want a functional democracy, and that means majority rule. No more blackmail by a 1/3 plus 1 Republican minority. ...
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bankruptcy and welcomes chief executive Daniel Akerson's efforts, albeit lacking in convincing results. He weighs GM's problem areas like weak auto sales in North America and Europe and rising global costs against GM's strengths and argues for a strong leadership to sustain the firm's ...