Posts Tagged ‘Auto’
Harvey Miller Says Lehman May Exit Bankruptcy This Year
Feb. 9 (Bloomberg) — Harvey Miller, a partner at Weil Gotshal & Manges LLP and bankruptcy lawyer for Lehman Brothers Holdings Inc., talks about the outlook for Lehman and the banking industry.
Miller, speaking with Erik Schatzker on Bloomberg Television’s “InsideTrack,” also discusses the U.S. bailout of General Motors Co. and the prospects for municipal bankruptices. (Source: Bloomberg)
Duration : 0:10:6
GM Bankruptcy By June 1?
Will the US govt ask GM to file for Chapter 11 protection by June 1?
Duration : 0:10:38
US car giant to file for bankruptcy protection – 01 June 09
General Motors is set to file for bankruptcy protection, a move that will allow the car giant to be carved into two companies: an old GM with so-called “bad assets” and a new GM containing profit-making plants and popular brands such as Chevrolet and Cadillac.
As Al Jazeera’s John Terrett and Owen Fay explain, the Chapter 11 protection will give the struggling car company one last chance to either shape up or go under.
Duration : 0:3:30
Preparing for Bankruptcy & Retirees’ Rights in Chapter 11
This is the second of three short videos containing excerpts from talks given at the National Chrysler Retirement Organizations ( www.NCRO.org ) Breakfast on April 29, 2009. Some GM and other company retirees were invited to that event. All three talks underscore the need for salaried retirees to organize. In particular, GM retirees are advised to visit www.GMRET.org .
The talk is by Dean Gloster, an attorney who handled the Delta and Delphi bankruptcies and addresses protecting retiree benefits.
Duration : 0:9:4


Reason.tv’s Nick Gillespie debates CNBC’s Phil Lebeau on Power Lunch about GM’s likely slide into bankruptcy and bailing out U.S. automakers. Air date was April 13, 2009.
