Sat, Jul 11th, 2009
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The 100-year-old General Motors Corp. was reborn Friday as General Motors Co. after a historic rush through bankruptcy that lasted only 40 days.
The speed surprised even GM executives, who had said it could take 60-90 days for GM to sell its good assets through the bankruptcy process to create a new GM largely owned by the U.S. Treasury.
A judge approved the sale Sunday, but it didn't go into effect until Thursday.
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US House OKs Treasury funding with auto dealer help
Jul 2nd, 2009 - Reuters
WASHINGTON, July 16 (Reuters) - The U.S. House ofRepresentatives on Thursday approved a $24.2 billion bill tofund the U.S. Treasury Department for 2010 and also tries...
After a quick bankruptcy, now it's General Motors Co.
Jul 2nd, 2009 - Freep.com
The 100-year-old General Motors Corp. was reborn today as General Motors Co. after a historic rush through bankruptcy that lasted all of 40 days. The speed surprised even GM executives...
GM to get final $20 billion in funding this year
Jul 2nd, 2009 - Reuters
WASHINGTON (Reuters) - General Motors Corp has been given about a third of the bankruptcy financing promised by the U.S. Treasury and will get the remaining $20 billion over the remainder of the year, a senior U.S...
GM Creditors Won’t Seek to Block Sale During Appeal (Update1)
Jul 2nd, 2009 - Bloomberg
July 6 (Bloomberg) -- General Motors Corp.’s sale of mostof its assets to a U.S. Treasury-funded buyer won’t be stalledby the only appeal of a decision approving the transaction...
GM Bankruptcy Judge Ends Hearing, Will Weigh Automaker’s Sale
Jul 2nd, 2009 - Bloomberg
July 3 (Bloomberg) -- General Motors Corp.’s battle withcreditors over its reorganization neared an end yesterday,leaving it up to a bankruptcy judge to decide the fate...
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An audit will be made on the dealership terminations by General Motors Co. and Chrysler Group by the inspector general for the U.S. Treasury Department's(Autos)aka4wheelsThu, Sep 24th, 20093 Diggs, 0 CommentsWith good assets sold, 'New GM' exits bankruptcy
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