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The credit risk to the government as GM fails is huge. It brings the government into involvement with the details of the auto industry as management fails.
Grouped Articles
U.S. to Sell Rest of GM Stake by Year-End
Wall Street Journal 11/22/2013
Auto Makers Rebound as Buyers Go Big
Wall Street Journal 01/04/2014
Wall Street Journal 11/02/2010
GM Could Be Free of Taxes for Years
Wall Street Journal 11/03/2010
Auto Sales Start 2009 at an Abysmal Pace
New York Times 02/04/2009
Auto sales plummet in January; Chrysler sales down 55%
Detroit News 02/04/2009
After the first government loan General Motors begins serious restructuring in February 2009 as mandated in the loan terms. The government oversight over the restructuring.
Grouped Articles
GM Shares Sharply Down as Western Europe Drags
Wall Street Journal 10/09/2008
Howes: Market drop revives talk of bankruptcy
Detroit News 10/10/2008
U.S. Auto Shares Plunge on a Grim Sales Forecast
New York Times 10/10/2008
Detroit Free Press 10/14/2008
General Motors, Driven to the Brink
New York Times 10/26/2008
How Detroit Drove Into a Ditch
Wall Street Journal 10/25/2008
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