Browsing Tag

General Motors

GM to liquidate Saab

From the Guardian: General Motors announces closure of 62-year-old Swedish carmaker after collapse of negotiations with Spyker One of the most famous names in European motoring, Saab, is set to be consigned to automotive history…

GM’s sale of Saab collapses

From Reuters: A deal by General Motors Co GM.UL to sell its Saab brand collapsed on Tuesday when the buyer pulled out in a move that threatens the Swedish luxury brand with closure. GM had been aiming to close a deal by the end of…

GM’s phony taxpayer repayment

This comes via Deal Book at the New York Times. The company’s chief executive, Fritz Henderson, called the repayment plan “a personal commitment.” The Obama administration, wardens of the 60 percent taxpayer stake in the company,…

Links: 2009-11-13

Finance and Economy Wall Street Makes It Hard to Earn Legal Living: Alice Schroeder - Bloomberg.com FT Alphaville - FDIC saves securitisation BBC NEWS - Russian economy growing strongly Henry Kaufman: The Real Threat to Fed…
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