Nov 20th, 2008 · Detroit automakers have hundreds of thousands of retirees who are wondering what might happen if their former employers go bankrupt. Auto executives say without $25 billion in loans, they could be forced into bankruptcy. Michigan Radio's Dustin Dwyer talked to a GM retiree about the industry's pleas for financial help.
Nov 19th, 2008 · U.S. automakers seem unlikely to secure $25 billion in emergency loans from Congress. But a new debate has emerged over the possibility of a planned or "pre-packaged" bankruptcy filing.
Nov 18th, 2008 · Former airline executive Michael E. Levine wrote a Wall Street Journal op-ed piece arguing that a federal bailout would be bad for General Motors. Reorganization in federal bankruptcy court is a better solution, Levine says.
Nov 18th, 2008 · The chief executives of GM, Ford and Chrysler go before the Senate Banking Committee Tuesday — ahead of this week's vote on a Democratic plan to provide their companies $25 billion in loans. Will Congress act in time before one of the Big Three has to declare bankruptcy?
Nov 17th, 2008 · Congress is considering a $25 billion bailout for Detroit's Big Three automakers. GM shares have fallen nearly 90 percent in the last year, and Ford and Chrysler are also struggling. Some Americans say the mismanaged automakers shouldn't get a bailout.
Nov 17th, 2008 · Democrats in Congress are pushing this week for a bailout of Detroit's Big Three automakers, but there are signs they may not have enough votes. Some Americans blame the companies for their own problems. Others warn that a bankruptcy would only deepen the current recession.
Nov 15th, 2008 · "Brother, Can You Spare a Dime?" depicts the way the American Dream can dissolve into bread lines and bankruptcy. Commentator Rob Kapilow and Susan Stamberg reveal the secret to the Depression-era anthem's success — and discuss its resonance today.
Nov 14th, 2008 · Congress is struggling over what to do about the epidemic of home foreclosures. Senators told some of the nation's biggest bankers Thursday, that they should do their part to help homeowners. If they don't, Congress might turn to bankruptcy judges to rewrite the terms of mortgages — as they already do for car loans and even vacation homes.