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GM: Bankruptcy not an option
Published November 23, 2008, 2:03 am, Chicago Sun-Times
General Motors Corp.'s board of directors does not consider bankruptcy protection a viable option to solve the company's financial troubles, but it has discussed Chapter 11 because it has a legal duty to do so, a spokesman said Saturday. Century-old GM, an icon of American manufacturing, has been battered by a plunge in car sales as American consumers tighten their belts and shift away from the ...
Streetwise: Cubic a worthy addition to portfolios
Published November 22, 2008, 9:45 pm, Pittsburgh Post-Gazette
Seldom has a column generated the response seen last week, with the vast majority of comments favoring letting General Motors, Ford and Chrysler file for bankruptcy.
VeraSun details severity of losses
Published November 22, 2008, 9:45 pm, Grand Island Independent
While VeraSun Energy Corp. increased revenues by 389 percent during the third quarter compared to 2007 -- a $1.08 billion increase -- the company also recorded a net loss of $476.1 million for the three-month period compared to net income of $7.8 million for the 2007 comparable period.
GM Reiterates Bankruptcy Not Viable Option
Published November 22, 2008, 8:34 pm, ClickOnDetroit
General Motors Corp.'s board of directors does not consider bankruptcy protection a viable option to solve the company's financial troubles, but it has discussed Chapter 11 because it has a legal duty to do so, a spokesman said Saturday.
VeraSun: Good news, bad news
Published November 22, 2008, 7:42 pm, Brookings Daily Register
An announcement from VeraSun Wednesday night on its third quarter 2008 performance was a good-news , bad-news situation. The South Dakota ethanol producer has increased revenues by 389 percent over the third quarter of 2007 to nearly $1.1 billion.
GM: Bankruptcy not an option
Published November 22, 2008, 2:59 pm, Newsday
Its board has discussed Chapter 11 because it has a legal duty to do so, a spokesman said Saturday.
GM's long road ahead
Published November 22, 2008, 9:41 am, International Herald Tribune
Is it really possible that General Motors has not yet begun drawing up contingency plans for a bankruptcy filing - as the chief executive, Rick Wagoner, told Congress?
Road Ahead Is Long for G.M.
Published November 22, 2008, 7:06 am, New York Times
Is it really possible that G.M. has not yet begun drawing up contingency plans for a bankruptcy filing as its chief executive told Congress this week?
ViRexx Announces Appointment of Directors and Notice of Intention to Make a Proposal to Creditors
Published November 21, 2008, 2:16 pm, Marketwire via Yahoo! Finance
ViRexx Medical Corp. today announced the appointment of two new directors to its board and that on October 16, 2008 the Company filed a Notice of Intention to make a proposal to its creditors pursuant to the Bankruptcy and Insolvency Act.
Lender group objects to Delphi loan forbearance terms
Published November 21, 2008, 2:11 pm, Reuters via Yahoo! Singapore News
NEW YORK, Nov 21 (Reuters) - A second group of Delphi Corp lenders, including U.S. pension fund Calpers, is objecting to the terms of a forbearance agreement for the bankrupt auto maker's $4.35 billion in bankruptcy funding.
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