Filed under: Chrysler , Ford , GM Remember this past spring and summer's super speedy General Motors and Chryslerbankruptcies? If the billions in government loans and White House strong-arming is starting to slip into the recesses of your memory, your mind will likely be refreshed sometime in the future, at least according to Fitch Ratings. Fitch says that high fixed costs, perpetual...
The University of Chicago Law Schoo (Free subscription) | 23/11/2009
Over at the website of The Freeman, published by the Foundation for Economic Education, Richard Epstein has published an article entitled "Political Bankruptcies: How Chrysler and GM Have Changed the Rules of the Game." Below is an excerpt: The topic...
More than 100 Chrysler Group LLC U.S. dealerships face possible closure if they cannot reach new financing deals with GMAC Financial Services or another lender, people involved in the process said on Thursday.
DETROIT (Reuters) - More than 100 Chrysler Group LLC U.S. dealerships face possible closure if they cannot reach new financing deals with GMAC Financial Services or another lender, people involved in the process said on Thursday.
(EMAILWIRE.COM, November 09, 2009 ) FAIRLESS HILLS, Pa. -- Bankruptcy Creditors' Service, Inc., published Issue No. 31 of CHRYSLERBANKRUPTCY NEWS today. The 67-page newsletter contains stories with these headlines:[00883] CEO SERGIO MARCHIONNE SAYS..
(EMAILWIRE.COM, November 09, 2009 ) FAIRLESS HILLS, Pa. -- Bankruptcy Creditors\' Service, Inc., published Issue No. 31 of CHRYSLERBANKRUPTCY NEWS today. The 67-page newsletter contains stories with these headlines: [00883] CEO SERGIO MARCHIONNE SAYSCHRYSLER NOT LOSING MONEY [00884] CHRYSLER...
Earlier we read about how Washington State lost out on tons of jobs building the new Boeing 787 because of Big Union activities… here’s two other ways the UAW is doing its best to “help” our economy: Ford’s plan to bring its labor costs in line with those at General Motors and Chrysler may be veering [...] Related posts: Why The ‘G’ in GM Stands for...
Indiana State Treasurer Richard Mourdock explains how the Obama Administration helped Chrysler manipulate the bankruptcy process to deny creditors such as the State of Indiana the rights that they are entitled to under the Bankruptcy Code: H/T: Cato@Liberty Similar Posts:Chrysler Makes It Offical Chrysler To Taxpayers: Sorry, Suckers ! The Case Against A Big Three...
October 31, 2009 http://detnews.com/article/20091031/AUTO01/910310355 Chrysler offers buyouts to 23,000 ALISA PRIDDLE The Detroit News Chrysler Group LLC is again offering factory workers buyouts or early retirement as the automaker continues to restructure to cut costs. Chrysler confirmed Friday that the offers went out this week to 23,000 workers. Terms vary by plant but largely...
As part of Chrysler’s bankruptcy restructuring plans, Chrysler planned to shutter seven US plants. Now the UAW is fighting to save several plants from closure – with one success already reported. Chrysler is set to release their five year plan details on November 4th, but they have already begun work by shuttering two of the [...]
The legal and financial firms that guided Chrysler Group LLC through bankruptcy will receive almost $24 million in professional fees for their work over four months, according to court documents.
(EMAILWIRE.COM, October 27, 2009 ) FAIRLESS HILLS, Pa. -- Bankruptcy Creditors\' Service, Inc., published Issue No. 30 of CHRYSLERBANKRUPTCY NEWS today. The 41-page newsletter contains stories with these headlines: [00847] CHRYSLER GROUP LLC NAMED CORPORATION OF THE YEAR [00848] DEBTORS\' MOTION...
The lead bankruptcy law firm and the main financial adviser that was involved with Chrysler’s bankruptcy process will receive a total of $23.7 million from the estate of Old Carco LLC for their four months of hard work. $19.2 million of the total will go to Jones day, the law firm that worked through Chrysler’s entire [...]
This is an absolute disgrace. A must-see video about the federal takeover of GM and Chrysler. The Real Story Behind the ChryslerBankruptcy - Cato @ Liberty: "If you worry about the abuse of... [[ This is a content summary only. Visit http://amateureconblog.blogspot.com/ for full links, other content, and more! ]]
