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bloomberg.com - 11/14/2008
Wilbur Ross Says GM Bankruptcy Filing Would Be a `Total Mess'
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Wilbur Ross Says GM Bankruptcy Filing Would Be a `Total Mess' By Mike Ramsey Nov. 14 (Bloomberg) -- Investor Wilbur Ross , who made billions turning around distressed steel and textile companies, said a Chapter 11 filing by General Motors Corp. or another U.S. automaker wouldn't work and might ...
delong.typepad.com - 11/13/2008
The Bankruptcy of GM
— delong.typepad.com — We don't like to let financial firms go bankrupt because bankruptcy shuts down their business. Buying and... selling financial assets is what they do, and bankruptcy requires that financial claims be largely frozen while the court sorts it out. By ... (more) The Bankruptcy of GM
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naked capitalism:  Links 11/14/08

Conglomerate:  GM: Too Big To File?

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Links 11/14/08
naked capitalism — Woman out $400K to 'Nigerian scam' con artists Katu Bailout Lacks Oversight Despite Billions Pledged Washington Post (hat tip reader Brian) Housing market 'far worse' than figures suggest Independent Wilbur Ross Says GM Bankruptcy Filing Would Be a `Total Mess' Bloomberg Paulson is handing out free money like candy to a baby Ed Harrison. The offense du jour is pretty outrageous: Citi is acquiring a profitable bank (Chevy Chase) rather than use its TARP money for its intended purpose, making loans. ...

GM: Too Big To File?
Conglomerate — The Big Three automakers and a potential government bailout of Detroit have received a great deal of attention during the past week.  (For example, they were the focus of yesterday’s Meet the Press.)  Of the three, General Motors (GM) appears to be the most distressed, losing an estimated $2 ...

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