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 [...]

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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 [...]

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