01 Jun, 2009
GM bankruptcy filed this morning. Factories will remain open.
Posted by: admin In: Main
At 6AM this morning, GM has filed for Ch. 11 bankruptcy. Fritz Henderson will stay on as GM chief and Al Koch, the managing director of AlixPartners, the firm which oversaw the Ch. 11 reorganization of K-Mart, has been given the responsibility of managing GM’s bankruptcy reorganization. A silver lining to this news however, is [...]
Tags: bankruptcy, gm bankruptcy
