Results tagged “Big Auto” from Dealbreaker
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With Sugar On Top?
May 29, 2009, 3:38pm
Posted by Equity Private
Pleading, urging, begging, whatever. Call it what you will, this one isn't going to drift by as "easily" as Chrysler. But then, the Chicago machine is just getting warmed up, isn't it? Either way, we continue to be amused by...
Breaking WSJ: UAW Agrees To Slash Retiree Benefits Immediately; Treasury Insisted On Immediate Cuts.
May 26, 2009, 2:23pm
Posted by Equity Private
Day late, dollar short? The situation is fluid....
Not So Fast, Sparky
May 22, 2009, 11:50am
Posted by Equity Private
It is, of course, the goal of everyone involved to shift businesses with large government stakes back into the private sector quickly. The question is, how do we define "quickly," exactly. How about almost two decades? GMAC LLC, which is...
There Was A Reason, I'm Sure Of It
May 14, 2009, 8:55am
Posted by Equity Private
Outsiders stepping in from that center of business acumen and industry, Italy, to reinvigorate American business practices is a nuance that hasn't gotten much play in the recent Big Auto Quagmire while more disturbing stories (like cement shoes for debt-holders)...
Magic Carpet Ride
May 07, 2009, 1:38pm
Posted by Equity Private
Remember the good ole' days? You know, back when it was believable fantasy that Chrysler and General Motors would be fine if only they could get several billion dollars to patch things up for the several months it was going...
On Again Off Again
Apr 30, 2009, 4:46pm
Posted by Equity Private
With all the talk of buying American lately, and with Obama taking the opportunity with the cameras to give Chrysler a bit of free endorsement work (Chrysler, we hope you file that on your taxes)... So these are some of...
The Original
Apr 30, 2009, 4:32pm
Posted by Equity Private
Well, if the details interest you, Chrysler's petition in the United States Bankruptcy Court of Southern New York is an entertaining start. Our favorite section in these cases has to be the list of creditors holding the 50 largest unsecured...
The Unpopular Kids
Apr 30, 2009, 1:28pm
Posted by Equity Private
Meet the evil villains that won't let Chrysler just escape its obligations to pay its creditors: As of last night's deadline, we were part of a group of approximately 20 relatively small organizations; we represent many of the country's teachers...
Obama On Chrysler Recovery Restructuring 30 60 Day Bankruptcy (Live)
Apr 30, 2009, 12:08pm
Posted by Equity Private
12:08 pm: Obama in 'da house. 12:13 pm: I can announce that I saved Chrysler, nothing is fucked, I am safeguarding taxpayer dollars, Fiat is going to save the day (oh and Canada too). 12:13 pm: Bob Nardelli is a...
Embrace The Chaos!
Apr 30, 2009, 9:23am
Posted by Equity Private
If anyone harbored any illusions with respect to the crushing complexity involved in trying to restructure a firm before during or after bankruptcy, the last several hours should clear that question up nicely: 8:52 am EDT 9:16 am EDT 9:41...
Dealbreaker Afterhours: Chrysler Headed To The Suck
Apr 30, 2009, 5:51am
Posted by Equity Private
One of the disadvantages of taking strong positions on economic events before the fact is the credibility sink one is subjected to on the flip side. Ouch. Failing one's predictive tasks as an asset manager is a potentially career limiting...
May You Come To The Attention Of Those In Authority
Apr 28, 2009, 10:06am
Posted by Equity Private
It is difficult not to be entertained by the coverage on the meteoric plunge towards bankruptcy that is Chrysler. The Journal article is pretty circumspect about some rather important details, failing even to mention bondholders until the 18th paragraph in...
That Will Be Quite Enough From The Excitement Division For A While
Apr 24, 2009, 3:19pm
Posted by Equity Private
Or it would seem from the looks of the CNN piece: General Motors is preparing to announce that the Pontiac car brand -- once marketed as GM's "Excitement division" -- will be killed off, according to a source familiar with...
Signal To Noise Ratio
Apr 17, 2009, 2:41pm
Posted by Equity Private
Have we really reached the point of unadulterated fantasy such that anyone still thinks GM is going to avoid not just bankruptcy but an ugly and protracted bankruptcy? Seriously, how much longer is the investing public going to tolerate C-Level...
"What Is Going To Happen To The Other Kids, Huh?"
Apr 16, 2009, 5:28pm
Posted by Equity Private
Maybe it is just us, but there are a number of things that just scream "wishful thinking." Like the return of Growing Pains to television, a re-do on the OJ Simpson trial, owning your own private island, or a widely...
The ADA Market Will Save Us
Apr 07, 2009, 11:34am
Posted by Equity Private
It is a pity that what is probably the busiest the Executive Suite over at General Motors has been in the last twenty years is during its current preparation for a bankruptcy filing. And as tempting as it is to...
This Might Actually Be The End
Apr 01, 2009, 3:11pm
Posted by Equity Private
It's one thing to say that a firm might be better off in bankruptcy. It is another entirely to prod it down the plank towards the sea. General Motors Corp.'s 60-day deadline to restructure is unlikely to be extended because...
We Told You Months Ago
Apr 01, 2009, 1:37pm
Posted by Equity Private
Back when it wasn't totally clear that GM would suck away every dollar unfortunate enough to even cross the expanding event horizon of fail that surrounded the company, you would have looked at us skeptically and slowly backed away (or...
They Are What They Drive
Mar 31, 2009, 5:19pm
Posted by Equity Private
With President Barack Obama showing the ailing U.S. auto industry some tough love Monday, POLITICO wondered -- what's ... ... in the driveways of White House aides? A lot of foreign cars, as it turns out. Explore the depths of...
WSJ Breaking: GM / Chrysler To Be BK'd Into Good Bank / Bad Bank
Mar 30, 2009, 3:02pm
Posted by Equity Private
Wow. That whole "Bankruptcy one option of many" thing lasted about, what, three whole hours? Updates to come. The situation is fluid....
