In a major blow to its once gold-plated investment banking department, Goldman Sachs will likely not be appointed as a lead underwriter on the upcoming initial public offering for General Motors, FOX Business has learned...
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Showing posts with label gm. Show all posts
Showing posts with label gm. Show all posts
Sunday, June 13, 2010
Goldman Sachs Likely Not GM's IPO Lead Underwriter
In a major blow to its once gold-plated investment banking department, Goldman Sachs will likely not be appointed as a lead underwriter on the upcoming initial public offering for General Motors, FOX Business has learned...
Monday, June 8, 2009
Obama Aid Signals Deal With ‘Devil’
President Barack Obama, in less than five months in office, kicked out the head of General Motors Corp., scored a majority stake in Chrysler LLC for the United Auto Workers and stiffened U.S. fuel-mileage standards.
www.bloomberg.com
Thursday, May 21, 2009
Jack Welch Attacks Obama
Jack Welch, former chief executive officer of General Electric Co., criticized the government- backed bankruptcy of Chrysler LLC for favoring unions at the expense of creditors and said President Barack Obama’s economic stimulus programs will cause budget deficits..
www.bloomberg.com
Tuesday, May 12, 2009
General Motors may file bankruptcy, leave Detroit
General Motors is open to considering moving its headquarters from Detroit, selling off U.S. plants and even renegotiating parts of its restructuring plan with its major union, the new chief executive said Monday..
www.cnbc.com
Thursday, April 30, 2009
Chrysler Files For Chapter 11
Chrysler filed for Chapter 11 bankruptcy protection and will enter into a partnership with Italy's Fiat. Obama said the deal would allow Chrysler to "thrive."
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