Assets for bankruptcy

Posts Tagged ‘gm’

If they do go bankrupt, won’t that leave the small suppliers holding the bag for money owed to them by Ford, Chrysler, and GM? How would that impact the economy?

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Technorati Tags: chrysler, economy, ford, gm, money

My dad works for GM and since the news that GM may declare bankruptcy, both of my parents have been worried. What are the chances that GM will go bankrupt?

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Technorati Tags: bankruptcy, dad works, gm, parents

First I’d like to know something about Chapter 11 bankruptcy. How does it work? some people say it’s a debt reconstruction, it doesn’t actually mean the company goes bankrupt. But why it’s called "bankruptcy protection", how does it relates to bankruptcy?

Second, why the price of a company’s stock will go up after chapter 11 bankruptcy? Do you think right now is a good time to invest in GM and Six Flags inc? Thank you!!

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Technorati Tags: bankruptcy protection, chapter 11 bankruptcy, gm, good time, reconstruction, six flags inc, stock

I always believed Chevy ( or some GM car like the old days) should be big in stock car racing and now that GM realizes that chapter 11 can keep them alive buy dumping UAW which will make them competitive , Chevy may be able to be a force in long term. You can say what you want about Toyota but they are doing better in US than Chevy and this decision by GM will allow them to be competitive again

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Technorati Tags: chapter 11, chevy, gm, gm car, stock car racing, toyota, uaw

Why can’t we let it go bankrupt if it’s not making money? Why would you give money to a company that can’t make money back?

Is it possible that at some point a foreign auto company could take over GM with 51% by their decreasing stock price?

Nobody really cares for American cars nowadays except those rental companies, so what’s the point of keeping it?
welll.. with GM gone, they can get jobs at Japanese auto plants based in US.. so they can expand and make even nicer cars for the consumers.. American cars suck anyway.

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Technorati Tags: american cars, auto company, consumers, foreign auto, gm, japanese auto plants, jobs, making money, stock price

Let’s say I buy 100 shares of GM common stock today at say .75 per share.

Then, say in January, GM declares chapter 11 bankruptcy.

What happens to my shares of common stock? Do they become worthless? Do they survive somehow?

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Technorati Tags: chapter 11 bankruptcy, common stock, gm, stock today

I have GM stocks and I want to know what will happen to them when the company files its Chapter 11. Are they useless?

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Technorati Tags: chapter 11, gm, stocks

What publicly traded American companies are going into or might be going into chapter 11 bankruptcy soon?
nobody really answered my question. gm is an obvious one, and other people gave bs explanations that i already knew, even though i asked for specific companies.

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Technorati Tags: chapter 11 bankruptcy, explanations, gm, specific companies

What happens to the stock owners holdings when a company like GM goes chapter 11 bankrupt?
do you think that’s what going to happen to General Motors?

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Technorati Tags: general motors, gm, stock owners

I know that their stock will be pretty much worthless, but of they claim chapter 11 will their current stock holders be able to keep their stock? or does it all fritter away? cause i think that GM should claim chapter 11 so they can restructure, and then they may be able to be profitable in the future, a long way into the future but still.

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Technorati Tags: chapter 11, gm, stock holders, way into the future