General Motors

  • Chrysler, Daimler-Chrysler, General Motors, Kirk Kerkorian, Private Equity, Warren Buffett

    Daimler’s $650 Million Bar Tab

    There’s a lot of talk today about the sale of Chrysler to Cerberus (and Lindsay Campbell’s appearance on the Sopranos, and how Warren Buffett hates animals). Larry Ribstein sees the transaction as a paradigm of the private equity deal (the hound of Hades is putting up $7.4 b “in return for which it is demanding […]

    / May 14, 2007 at 10:34 AM
  • General Motors

    General Motors: Please Do Not Pay Attention To Our Financial Reports. We Don’t.

    So General Motors is telling investors that you probably shouldn’t put much weight in its financial reporting. We would have thought that this might have been obvious from the fact that they just restated several years of financials. But just in case you were tempted to think they had solved all their accounting problems, GM […]

    / Mar 16, 2007 at 10:15 AM
  • General Motors

    Are Russians Eyeing GM?

    General Motors chief Rick Wagoner—has there ever been a more appropriately named auto-industry honcho—came out of the recent turmoil at the automaker looking stronger than ever. Not long ago it looked like he might be on his way out, as the company reported record losses and seemed, well, lost. But when the board of directors […]

    / Oct 19, 2006 at 12:01 PM
  • General Motors

    No Hostile Bid For GM From Ghosn

    We’re still not sure why anyone would want to own General Motors so we weren’t surprised to learn that Carlos Ghosn isn’t interesting in launching a hostile takeover of the automaker. The only question is why the shareholders of Renault or Nissan, the two companies currently run by Ghosn, would be interested in even a […]

    / Jul 13, 2006 at 11:36 AM

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