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Debt Relief – Insolvency – Bankruptcy Information » Entries tagged with "Motors"

Inside Story – General Motors bankruptcy – 02 June 09

Car giant General Motors (GM) has filed for bankruptcy protection, marking the biggest failure of an industrial company in US history. A look at the factors that led to the biggest failure of an industrial company in the US. … Read entire article »

Filed under: Bankruptcy Help

Is General Motors and the government crazy?

Now I just heard GM is going to give its employees what amounts to a 9 week summer vacation, ALL expenses paid! The union clause will make GM pay the difference in their wages, what the federal unemployment doesn’t, nearly 100% !!! How can this go on as they are thinking of bankruptcy? So, this is their only solution to the government handout/bailout? OMG! Why doesn’t someone step in and put an end to this particular company and it’s fat union? … Read entire article »

Filed under: Bankruptcy Help

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