Recent Petitions

Demand Investigation of Sexual Assaults at Female Prison May 23, 2012 06:05
Urge the Ohio House of Representatives to Vote Down the State’s New Drilling Rules May 23, 2012 06:05
Ban Solitary Confinement in U.S. Prisons May 23, 2012 06:05
Call for Investigation of Drug Operation in Honduras that Killed Civilians May 23, 2012 02:05
Ban Drone Strikes on Targets for Simply “Looking Suspicious” May 23, 2012 02:05
Stop Los Angeles Landfill Expansion May 23, 2012 02:05
Stop the Violent Torture of Congolese Migrants Being Expelled from Angola May 23, 2012 02:05
Allow D.C. Delegate to Speak Out Against Twenty-Week Abortion Ban May 23, 2012 02:05
Protect Consumers from Unsafe Over-the-Counter and Prescription Drugs May 23, 2012 02:05
Stop Using Cancer-Causing Chemicals in Baby Products May 23, 2012 02:05

Recent Comments

Sheryl Goodwin: I think a lot of Christians and their Leaders have lost their way. Hate has
missy arcana: Visit WA Statr instead, where wolves are protected! See the mighty Columbi
Deborah Dusty Debandi: There is no place for bigotry, anger, hate and judgemental iattitudes in th
Janet Brown: BS!!!! SO SAD!!!! god will get even!
Carol: Tell it like it is, Jim!
Billy Angus: I agree, Lindsey... Otter is a blasphemer and an idolater! An evil serpen
Kim M. Smith: or terminate..terminate..terminate
Barbara: It'll keep up because the nation won't retaliate. It takes thousands of de
Barbara: It's a pathetic situation indeed when you have to all but get down on your
Jim: Wolves existed in numbers far greater than the meager populations of today

Breaking with CEO, members of GM’s board consider bankruptcy a possible option

Articles — By forcechange on November 21, 2008 5:56 pm

In a major break with CEO Rick Wagoner, members of GM’s board of directors have indicated that bankruptcy for the company might be an acceptable option (sub req.).

Having recently insisted to Congress that bankruptcy was not a viable option for his sinking company, Wagoner may face a tougher time trying to convince lawmakers to bail him out given these new developments. If the board thinks bankruptcy might be acceptable, this could discredit Wagoner’s arguments to the contrary.

Tweet

Facebook Comments

0 Comments

You can be the first one to leave a comment.

Leave a Comment

Click here to cancel reply.