July 28, 2009
U.S. to sell GM stake in stages
Adviser: Aim is to get taxpayers repaid
BY GREG GARDNER
FREE PRESS BUSINESS WRITER
The government will not sell its entire 61% stake in General Motors Co. all at once next year when it begins to return the company to public investors, the head of President Barack Obama’s auto [...]
July 28, 2009
Auto hearing takes some strange turns
BY TOM WALSH
FREE PRESS COLUMNIST
Just as it is not appetizing to watch the act of sausage being made, it is not pretty to witness either a bankruptcy process or a congressional body in action.
On Monday at Wayne State University, it was with some trepidation that I sat [...]
July 29, 2009
Delphi to ask judge for OK to sell assets
Lenders to forgive $3.4 billion in loans
BY JEWEL GOPWANI
FREE PRESS BUSINESS WRITER
In what could be the final step in Delphi Corp.’s nearly 4-year-old bankruptcy case, the Troy-based auto supplier is slated to ask a bankruptcy judge today for permission to sell most of its [...]
Tuesday, July 28, 2009
Daniel Howes
Chrysler, GM battle for future
In the annals of meaningless political gestures, few could top that of a Texas Republican coming to Detroit and complaining about the United Auto Workers.
That the best you can do, congressman? Rep. Jeb Hensarling is the lone lawmaker on the Congressional Oversight Panel, whose hearing Monday at [...]
