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GM is doing so well with the refund program that it will be continuing it

GM is doing so well with the refund program that it will be continuing it

General Motors will be continuing its money back guarantee into January of 2010.
In the program, someone can purchase a new GM car and after owning the car for 30 days they can return it, up to 60 days after the purchase (of course there are …

My opinion as to why GM has gone into bankruptcy

My opinion as to why GM has gone into bankruptcy

Over the past few months, I have written some fairly hash articles and entries about General Motors and its course to bankruptcy. If any of you have read my articles up to this point, I’m sure that you’ve all noticed, I’m not a fan of …

As the Rally Slows Down, Investors Get Defensive

As the Rally Slows Down, Investors Get Defensive

The two month rally we saw in the stock market since late March has now officially hit a ‘plateau’. As that happens, investors naturally and understandably move to more defensive stocks, avoiding ‘gutsy’ moves. Stocks ended considerably low yesterday, or at least lower than expected, …

General Motors Bankruptcy is ‘Inevitable’

General Motors Bankruptcy is ‘Inevitable’

At the risk of bringing on more bad economic news, the experts have been saying that General Motors will probably be heading to Chapter 11 bankruptcy since the economy began to unravel last year. This comes right after competitor Chrysler LLC filed for bankruptcy protection …

GM wants to borrow another $2 Billion

GM wants to borrow another $2 Billion

The sinkhole known as General Motors has decided that it needs to borrow another $2 billion from the U.S. Treasury to remain liquid while it tries to “restructure.”
The latest injection of funding means to date GM has received $15.4 billion in funding.
In a statement, the …