GM

Super Clunkers – How Congress Can Double US Vehicle Sales

Clash for Clunkers Increases Car Sales The much maligned Cash For Clunkers program has three remarkable features that differentiate it from the other wide assortment of endless government stimulus/bailout programs. 1. The Cash For Clunkers program, at […]

The GM Debate Continues – Why GM May Survive

The GM Debate Continues - Why GM May Survive

Charles Wilson, the head of GM in 1952, stated that “what is good for the country is good for General Motors, and what’s good for General Motors is good for the country”.  This imperial statement was made […]

GM Bankruptcy- Obama’s Socialist Hat Trick

GM Bankruptcy- Obama's Socialist Hat Trick

Obama Said To Conclude Bankruptcy Best Option for GM March 31 (Bloomberg) — President Barack Obama has determined that a prepackaged bankruptcy is the best way for General Motors Corp. to restructure and become a competitive automaker, […]

GMAC Sets Example For TARP Borrowers

This past week the Treasury used $5 billion of funds from the Troubled Asset Relief Program (TARP) to purchase senior preferred equity in GMAC, the financing arm of General Motors.  GMAC reacted immediately to deploy the funds […]