Chapter 11
GM Submits Business Plan to Congress
By Chris Haak 12.02.2008 GM has submitted its business plan to Congress for its review - and if the plan is deemed to be viable as far as limiting the likelihood that GM would...
Some Details of GM, Ford, Chrysler Planned Presentations to Congress Emerge
By Chris Haak 12.02.2008 After the fiasco that was the first round of hat-in-hand presentations to Congress last month, punctuated by some CEOs saying they'd just as soon not...
Why the Financial Crisis Isn’t All Bad News
By Chris Haak 10.10.2008 Amid the doom and gloom on Wall Street - such as seven straight days of huge losses, putting the Dow Jones Industrial Average close to where it was more...
Delphi Creditors Approve Financing Deal, Company Might Emerge From Chapter 11...
By Chris Haak 09.26.2008 Bankrupt auto parts maker Delphi Corp., which has been in bankruptcy proceedings since 2005, and saw its last exit financing plan go up in flames a few...