Murder News

News and Video. Top Stories, World, US, Business, Sci/Tech, Entertainment, Sports, Health, Most Popular.

Bankruptcy for GM. Ford Next?

PrintPrintEmailEmailPDF   PDF

General Motors on Monday filed for bankruptcy protection, even after $19.4 billion in federal bailout money. It now appears that taxpayers will end up with a 60% stake in the restructured company. Cato scholar Daniel Ikenson has long suggested bankruptcy as the best course for GM, and now worries about Ford's future: "The government has a 60 percent stake in GM. Who's going to want to own Ford stock—and therefore, will Ford be able to raise capital—when the U.S. government has an incentive to tip the balance in GM's favor wherever it can?"










Bankruptcy for GM. Ford Next?

[Source: Good Times Society - by The American Illuminati]


Bankruptcy for GM. Ford Next?

[Source: Abc 7 News]


Bankruptcy for GM. Ford Next?

[Source: Channel 6 News]


Bankruptcy for GM. Ford Next?

[Source: Broadcasting News]


Bankruptcy for GM. Ford Next?

[Source: News Argus]


Bankruptcy for GM. Ford Next?

[Source: Sun News]

posted by tgazw @ 3:33 PM,

0 Comments:

Post a Comment

<< Home

Multimedia

Top Stories

Sponsored Links

Sponsored Links


Sponsored Links

Archives

Previous Posts

Links