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29

Jul

The first grand bargain

23

Apr

Our checks suggest little-to-no fallout from GM’s high-profile
ignition switch recall, with the automakers we spoke to not detecting any noticeable difference in GM’s sales trend or marketing strategy and not expecting any benefit to their own sales as a result of the recall.
JP Morgan Chase analysts on the impact of an ignition switch defect crisis on General Motors' U.S. vehicle sales.

04

Mar

You’re not at the penny-ante table, you’re at the high-stakes table. But you’re playing with somebody else’s money. If you lose, you’re providing a net loss to your beneficiaries, people who are dependent on you.

24

Jan

Detroit v. Bank of America and UBS?

14

Jan

I think we need to start challenging some of the things that we frankly may not have challenged in the past. They’re helping us do that on many fronts.
General Motors global product chief Mark Reuss on the impact of Tesla Motors' rise and the influence of its Model S luxury electric sedan.

12

Dec

Who is Mary Barra?

24

Oct

I would be surprised if he says, ‘Yes I always knew we were going to file for bankruptcy and that’s why we filed for bankruptcy.’ I will eat my hat if that occurs.
University of Michigan bankruptcy law professor John Pottow on Gov. Rick Snyder's forthcoming testimony on his role in authorizing the city of Detroit's Chapter 9 bankruptcy filing.

10

Oct

Malibu's midlife crisis

21

Sep

This is a great, rich city. It never has repudiated an obligation nor defaulted upon a debt — and it never will.
Former Detroit Mayor Frank Murphy, writing in the city’s 1930 annual report in the midst of the Great Depression. Eighty-three years later, the city defaulted on its obligations and filed for Chapter 9 bankruptcy. Here’s how Detroit went broke.

15

Sep

How Detroit went broke