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The government may seek to ease General Motors into what it calls a “controlled” bankruptcy, somewhere between a prepackaged bankruptcy and court chaos, by persuading at least some creditors to agree to a plan that would cleave the company...
Tags: government, Detroit, Lehman Brothers, Barclays, deteriorate, pension, Ford, Continental Airlines, Delphi, CorporationChrysler, liquidation, unequivocal, June, lawyer, Fritz Henderson, automaker, Bankruptcy, General Motors, controlled, creditors, administration, officials, taxpayer, financing
Beijing: China yesterday rejected an effort by France to end a rift over French President Nicolas Sarkozy’s meeting with the Dalai Lama, saying France had to do much more to mend frayed ties. “We don’t think the explanation is valid...
Tags: Chine-France, relations, deteriorate, Beijing