From ABC Channel 12 TV station in Flint Michigan. This helps explain and disclaim the e-mail that is flying around from the Diversified Tax Services in Flint, MI and the Attrition Packages for 2006,2007 and 2008. VIEW VIDEO HERE
January 16, 2009 GM: UAW pay cuts not needed Other issues to be loan plan’s focus BY TIM HIGGINS FREE PRESS BUSINESS WRITER UAW wage cuts are not needed by General Motors Corp. as it races to come up with a viability plan to please the federal government, a top company executive said Thursday. The [...]
Saturday, January 17, 2009 Business Insider Auto execs: Sore. Bankers? Soar! Bank executives will get to fly their company jets after all. House legislation placing restrictions on financial institutions that get money from the $700 billion Troubled Asset Relief Program had included a provision that would have prohibited the bailed-out bankers from owning or leasing [...]
Saturday, January 17, 2009 Reaction mixed to GM’s financial plan Automaker cuts sales estimate; hints at needing more funding. Robert Snell / The Detroit News Analyst reactions were mixed Friday about General Motor Corp.’s ability to execute a broad restructuring plan and said the company might need more money from the federal government after the [...]
Obama calls for shared sacrifice in auto bailout queryvar=”obama,calls,for,shared,sacrifice,in,auto,bailout”; Harry Stoffer Automotive News January 16, 2009 – 1:01 pm ET WASHINGTON — President-elect Barack Obama says he wants to keep tough conditions on automakers that get federal loans. The companies must develop sustainable business models because it would be unacceptable "to keep them [...]
