Tuesday, April 14, 2009
Daniel Howes
Commentary: Politics rule General Motors run to bankruptcy

General Motors Corp.’s headlong rush into bankruptcy looks increasingly pre-ordained — or so the strategic leakers inside the Obama White House and the president’s auto task force want jittery bondholders and the United Auto Workers to believe.
The process will be "quick," we’re told, perhaps [...]

Tuesday, April 14, 2009
GM chair fears deal can’t be reached
Robert Snell / The Detroit News
Kent Kresa, interim chairman of General Motors Corp., is not optimistic money-saving concessions can be reached with bondholders and the United Auto Workers to avoid bankruptcy before a June 1 deadline.
"I’m hopeful we can get there," Kresa told The Detroit News [...]