Comments on: U.S. Bankrolls GM Bankruptcy With $50 Billion Taxpayer Investment

By: Unemployment Rate Hits 25-Year High, But Losses Narrow

Unemployment Rate Hits 25-Year High, But Losses Narrow — Sat, 06 Jun 2009 16:23:00 +0000

[...] Indeed, the bankruptcies of General Motors Corp. (OTC: GMGMQ) and Chrysler LLC. are likely to result in further job losses in the near future. GM is expected to employ 72,500 in the United states by 2012, down from its peak of more than 500,000. [...]

By: aarcee

aarcee — Wed, 03 Jun 2009 15:52:45 +0000

Its been a real painful experience by the Auto Gaint Share Holders but as many say , every sky has a silver lining , I am sanguine that GM would emerge as a sole robust auto gaint by the end of 2020 as the world economy is going to test all time low economy growth and would recover from all the problems by 2013/15.A very well articulated article giving insight into the problems and run up of the entire episode of GM bankruptsy.The endeavour by the new managemnt should be to filter the odds and look into the varous technological and financial health of the industry in genral and into GM in particular.

By: Sam

Sam — Tue, 02 Jun 2009 13:01:08 +0000

What happens to shares of a bankrupt company? what should shareholders do with those shares?