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• Chrysler bankruptcy risk greater than 70%

  “Chrysler faces a more difficult burden in demonstrating its viability than does GM,” Moody’s... Posted Apr 07 2009, 09:49 AM by Shannon Atkinson with | with no comments Filed under: General Motors, GM, Chapter 11, Bankruptcy

• Ford has reduced its debt by nearly $ 10 billion

  The manufacturer has yet to pay a debt of 16 billion dollars after having completed the restructuring... Posted Apr 06 2009, 10:48 AM by Shannon Atkinson with | with no comments Filed under: General Motors, GM, Ford, chrysler, Bankruptcy, Debt

• GM’s New CEO Fritz Henderson banks 1.3 Million / year. Plans Bankruptcy.

  General Motors Corp. Chief Executive Fritz Henderson expressed confidence in a national television interview... Posted Apr 05 2009, 09:16 AM by Shannon Atkinson with | with no comments Filed under: GM, Chapter 11, Bankruptcy, Fritz Henderson, NBC