Global Slowdown | G.O.O.D

Posts Tagged “Global Slowdown” Dec 04 2008 GM, Chrysler considering bankruptcy to get bailout Posted by: Joshuah in Economics, tags: Auto Industry, bailout, Chrysler, Ford Motor, Ford Motor Co, General Motors, Global Slowdown, Senate Majority Leader Harry Reid General Motors Corp and Chrysler LLC Source: Reuters General Motors Corp and Chrysler LLC are considering accepting a pre-arranged bankruptcy as the last-resort price of getting a multi-billion dollar government bailout, Bloomberg reported, citing a person familiar with internal discussions. In response to automakers’ bailout plea, staff for three members of Congress have asked restructuring experts if a pre-arranged bankruptcy — negotiated with workers, creditors and lenders — could be used to reorganize the sector without liquidation, Bloomberg said. General Motors and Chrysler could not be immediately reached for comment by Reuters. Industry executives and analysts say the immediate carnage from a bankruptcy of General Motors Corp, Ford Motor Co or Chrysler would spread throughout an industry that is bleeding cash in a global slowdown. All three automakers have urged Congress to authorize $34 billion in loans and credit lines, saying they will restructure, and cut models, jobs and executive pay to remain viable. The White House did not dismiss the industry’s $34 billion figure on Wednesday but said it was too early to say what it might support on an emergency basis. Senate Majority leader Harry Reid wants to try to find a way to avert threatened bankruptcies in the U.S. auto industry with Detroit Three chief executives readying for a make-or-break hearing on Thursday on the bailout request. Full Story Technorati Tags: General Motors, Chrysler No Comments »
	Search The Gates of Hell Israeli shelling kills 42 at U.N. school Plan to extend police-hacking powers gathers pace Britain ‘must set population limit to safeguard national security’ say experts Terrorists could use ‘insect-based’ biological weapon Depleted uranium found in Gaza victims Pope says Financial Crisis should be seen as a test-case for globalization Barack Obama’s chief of staff Rahm Emanuel wants three months of civil service from all citizens Maryland State Police surveillance covered more groups than thought Private firm may track all email and calls in UK New Russian law ends jury trials for ‘crimes against state’ Hamas calls for revenge as Israel hits Gaza again US readying south Afghan surge against Taliban Gazprom Cuts Gas Supply to Ukraine After Failure to Agree on Export Price CCTV used to ’spy’ on pupils in schools - Researchers unlock secrets of 1918 flu pandemic Lockheed, Boeing Take Aim at $11 Billion Cybersecurity Market Russian Professor Predicts End of U.S. Oregon to pursue mileage tax Scientists plan to ignite tiny man-made star Gaza deaths rise in Israeli strikes - 275 and Counting Herbal Household Remedies Natural cures for everyday problems Lots of uses for honey and cinnamon How to fight the flu or a cold Food Sources of Calcium and Vitamin D Headaches 2 Headaches Oil of Oregano: A Powerhouse for the Alternative Medicine Cabinet Study Shows Turmeric May Prevent Type 2 Diabetes Spices: A Wealth of Health Benefits that Make Food Taste Great Various advice concerning the flu season St. John’s wort helps with depression — especially if you’re German Natural cough and cold remedies Why the Institutions of Western Finance and Western Medicine are Both Doomed to Fail Stop sneezing! Natural ways to combat allergies Rational Use of Herbal Therapies: the 5 most commonly used herbs Natural Remedies and Repellents for Biting and Stinging Insects Collect, dry, freeze your herb harvest Study: Surgery does not help knee osteoarthritis! Debating Alternative Medicine Fish Oil Could Save 70,000 Lives Each Year Survival Homestead How to survive the world’s end Video Resource: Foraging for Food Missing woman found alive under two feet of snow WIU students arrested with “cache” of weapons Bush declares emergency in icy Massachusetts Obama: Don’t stock up on guns Sticker Shock Moves from the Oil Tanker to the Seed Catalog Armchair Survivalist offers good advice 40,000 Swarm Farm To Gather Free Food Witnesses: Large meteor streaks across Canada sky Southern California stages biggest U.S. quake drill Survival in the Snow State sues to stop liens by ’sovereign’ couple Videos Simulate Earthquake in San Francisco Bay Area ‘Survivalist’ had rice and legal weaponry! Great Depression holds lessons for surviving tough economy The Yuppie Survivalists Your kitchen is a veritable cache of weaponry US military: Survival, Evasion and Recovery, FM 3-50.3 A life off the grid- Jeremy Long and family Country Living Skills Cloth diapers, again Apple Pie An Old-Time “Refridgerator”, Easily Built: The Trash Can Root Cellar Green potatoes are poisonous Great Depression holds lessons for surviving tough economy Burning questions about heating with wood Simple Living Is Key to Weathering Complex Financial Times ‘Little Heathens’ Author finds readers hungry for her simple ‘farm stories’ Sustainability Starts in Your Own Back Yard New Study Indicates DNA Can Be Altered Through Diet and Exercise Amish keep slim despite having obesity gene. How do they do it? What should be done in the garden before the first frost? Praying mantis spotted again Hot Peppers in Oil THE ENCYCLOPEDIA OF COUNTRY LIVING (10th Ed) Summer’s Cornucopia Gardening Reminders Vegetables can be pretty, too Powdery Mildew VI Cooking over the campfire - Without any fancy utensils!	Latest News Another Suicide: Real-Estate Executive Found Dead in Apparent Suicide Ohio unemployment claim systems overwhelmed Fed Policy Makers Saw ‘Substantial’ Risks to Economy Alcoa to Eliminate 15,000 Positions Adolf Merckle committed suicide by throwing himself under a train Value of 2008 Bailouts Exceeds Combined Costs of All Major U.S. Wars Pending home sales plunge to record low in Nov. China seen facing wave of unrest in 2009 The orange drinks that have 300 times more pesticide than tap water Gunmen Attack Greek Riot Police Sony may announce drastic cost cuts U.S. Debt Set to Soar in This Year Shoplifters taking beef, chicken, bacon and cheese Manufacturing Shrinks as Orders Hit 60-Year Lo Congress pay raise evokes outrage Recent Comments ButAsForMe! » Ho Ho…Hum! on Economy ‘on knife-edge’ as Japan faces deflation fear - United-States » Travel the United States on Rio Tinto to cut 14,000 jobs, slash spending Melamine Update: FDA sets melamine standard for baby formula \| Get Out of Dodge! on FDA defends Melamine in U.S. infant formula 5,000 turn out for a food giveaway \| Survival News Network on 2500-3000 People Show Up for Food Vouchers: Mini-Riot in Milwaukee Audio: Countries Resort To Bartering \| Survival News Network on Food Shortage in the News Tags bailout bank failure Bank of America Bank of England Barack Obama Chrysler Citigroup civil unrest collapse Commodities Consumer spending Deflation depression economic crisis Economics famine FDIC Federal Reserve Financial Crisis food prices General Motors Global Recession GMO Great Depression housing market Iceland IMF inflation Institute for Supply Management International Monetary Fund jobless claims Lehman Brothers manufacturing Martial Law Monsanto Oil Oil Prices recession retail sales Riots surveillance Ug99 unemployment Wachovia wheat Creative Commons Attribution 3.0 United States Spam Blocked 4,406 spam comments blocked by Akismet

Creative Commons Attribution 3.0 United States

Creative Commons Attribution 3.0 United States