Archives

Please Name Dissident GM Bondholders, Please


Posted Sunday, July 5, 2009 - 11:14am

This is a disturbing trend that should have been curbed by now in the business press. The New York Times reports that dissident General Motors (GMGMQ) bondholders may object to the Obamastration’s goal of getting an asset sale to a new company done by July 10. The story mentions lawyers for ”three” holdout GM creditors.

  • Matthew DeBord has written about the auto industry for the Washington Post, the New York Times, the Los Angeles Times, and the Huffington Post. Follow him on Twitter.