Posts by Tag: Bailout»

Automotive

General Motors Plans For Initial Public Stock Offering – To Repay Bailout Money
Aug 18, 2010 ΞComments Off on General Motors Plans For Initial Public Stock Offering – To Repay Bailout Money

General Motors Plans For Initial Public Stock Offering – To Repay Bailout Money

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General Motors is moving closer to terminating the term “Government Motors” as they filed plans to go public and begin selling common shares as soon as this Fall. As you  Full Article »

Automotive

American Automotive Bailout: Victory on the Horizon?

American Automotive Bailout: Victory on the Horizon?

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I am no politician, and I doubt I’ll ever intend on attempting to understand politicians because I believe many of them don’t have the sense that God gave a goat.  Full Article »

Automotive

Ford Posts $2.1 Billion Quarterly Profit
Apr 27, 2010 ΞComments Off on Ford Posts $2.1 Billion Quarterly Profit

Ford Posts $2.1 Billion Quarterly Profit

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Ford Motor Co. posted a net income of $2.1 billion in the first quarter of this year which is almost twice as much as projected by analysts. Last year Ford  Full Article »

Automotive

GM Being Prepped for Bankruptcy Next Week

GM Being Prepped for Bankruptcy Next Week

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So you may think the government is going to run GM and Chrysler… you may be right. The Obama administration is preparing to send GM into bankruptcy as soon as  Full Article »

Automotive

What Does The Chrysler Bankruptcy Mean? w/Poll

What Does The Chrysler Bankruptcy Mean? w/Poll

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Are you wondering what will happen to Chrysler after Chapter 11 Bankruptcy? If you have not heard already or you live under a rock, Chrysler has filed for bankruptcy and  Full Article »

Automotive

GM Prepping to Announce Closure of Pontiac

GM Prepping to Announce Closure of Pontiac

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Okay, the economic situation was already pretty serious. Now it is really hitting big companies like General Motors, very hard. General Motors is preparing to announce the closure of the  Full Article »

Automotive

GM Plans to Shut-Down Plants For The Summer
Apr 23, 2009 ΞComments Off on GM Plans to Shut-Down Plants For The Summer

GM Plans to Shut-Down Plants For The Summer

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At this point, there is no doubt in my mind; GM will be filing for bankruptcy soon. Confirmed by various sources, GM cannot file until after sometime in June of  Full Article »

Automotive

GM Bankruptcy Woes: GM Prepping for Bankruptcy and New Offer to Bondholders
Apr 10, 2009 ΞComments Off on GM Bankruptcy Woes: GM Prepping for Bankruptcy and New Offer to Bondholders

GM Bankruptcy Woes: GM Prepping for Bankruptcy and New Offer to Bondholders

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No doubt that the majority agree that GM filing Bankruptcy would not be such a bad thing. Many support the idea that bankruptcy would “force” them into restructuring and emerging  Full Article »

Automotive

President Obama Vows Not to Walk Away From Auto Industry
Feb 25, 2009 ΞComments Off on President Obama Vows Not to Walk Away From Auto Industry

President Obama Vows Not to Walk Away From Auto Industry

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One of the highlights of the delivery that President Obama gave to the joint session of congress was a vow not to walk away from the automotive industry. The tone  Full Article »

Automotive

President Bush Readies $17.4 Billion Auto Industry Bailout Package
Dec 19, 2008 ΞComments Off on President Bush Readies $17.4 Billion Auto Industry Bailout Package

President Bush Readies $17.4 Billion Auto Industry Bailout Package

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The back and forth of the Big 3 Bailout talk has come to a head. Bush today has signed the $17.4 billion auto industry bailout package to rescue mainly GM  Full Article »

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