General Motors, one of the largest U.S. automobile manufacturers, has been in business since September 16, 1908. The company filed for bankruptcy on June 1, reportedly the largest bankruptcy filing on record for a U.S. manufacturer. Affected consumers naturally have lots of questions and concerns regarding how this reinvention may affect their pensions, benefits, employment [...]
Entries Tagged as 'GM'
How Will General Motor’s Bankruptcy Affect the Consumer?
June 4th, 2009 · No Comments · Bankruptcy, Consumer Info
Tags: automobiles·Bankruptcy·benefits·Car parts·Chapter 11·dealerships·employee benefits·General Motors·GM·Government·Onstar·stock
Senate Passes Bill Guaranteeing Zero Percent Mortgages for Illegal Aliens
April 1st, 2009 · No Comments · Consumer Info
The Senate today passed the ZIMIA (Zero Interest Mortgage Illegal Alien) Act, which guarantees zero-percent mortgage loans for any illegal alien who is buying their first home. Senate leaders said the bill was necessary to stimulate the housing market and prevent further foreclosures. In addition to economic stimulus benefits, the bill has the [...]
Tags: earmarks·Economic Stimulus·foreclosure·GM·House of Respresentitives·Illegal Aliens·pork spending·Senate·SUV
