You may recall the last time we talked about Karma, the company that was started to keep building and trying to sell…
GM plans to file for Chapter 11 bankruptcy on Monday, then sell most of its assets to a new company. The bankruptcy…
GM bondholders wont swap debt for stock, bankruptcy looms [DetroitNews]
President Obama announced moments ago Chrysler will officially file for a "quick" Chapter 11 bankruptcy protection…
Fleetwood files for Chapter 11. [WSJ]
The Carpocalypse strikes again. Out of Kalamazoo, MI comes news Checker Motors, producers of the iconic Checker Cab,…
Detroit's big players may be better off using Chapter 11 to come back from the brink says Jim Cramer, he of the Madde…
Ah, the weird, weird world of supply chains, Motown business practices and secretive private equity maneuverings.…