U.S. automakers file for bankruptcy?

Yi-Wyn Yen — Tue, 07 Apr 2009 14:21:44 -0400

General Motors is reportedly in preparations to file for bankruptcy. Under bankruptcy protection, GM would form a new company with its most successful assets. The new CEO of GM, Fritz Henderson, publicly admitted that a bankruptcy filing is a possiblity, but would prefer to restructure outside bankruptcy court.

Chrysler is in worse shape. Moody's reports that Chrysler is at a higher risk to file for Chapter 11 than GM. The ratings agency puts the likelihood of at least one U.S. automaker filing for bankruptcy at 70%.

Ford is the only company among the Big Three to not take federal bailout loans so far.

On March 30, the Obama administration denied additional bailout money to both Chrysler and GM. President Barack Obama ordered Chrysler to complete a proposed alliance with Italian automaker Fiat in 30 days. GM was given 60 days to put together a restructuring plan with significant cost savings.

Prediction: Chrysler and/or General Motors files for bankruptcy protection by June 1, 2009. Only one of the two automakers needs to file for this prediction to be judged favorably.

U.S. automakers file for bankruptcy?

Yi-Wyn Yen — Tue, 07 Apr 2009 14:21:44 -0400

Ford is the only company among the Big Three to not take federal bailout loans so far.

Prediction: Chrysler and/or General Motors files for bankruptcy protection by June 1, 2009. Only one of the two automakers needs to file for this prediction to be judged favorably.

U.S. automakers file for bankruptcy?

Yi-Wyn Yen — Tue, 07 Apr 2009 14:21:44 -0400

Ford is the only company among the Big Three to not take federal bailout loans so far.

Prediction: Chrysler and/or General Motors files for bankruptcy protection by June 1, 2009. Only one of the two automakers needs to file for this prediction to be judged favorably.

U.S. automakers file for bankruptcy?

Yi-Wyn Yen — Tue, 07 Apr 2009 14:21:44 -0400

Ford is the only company among the Big Three to not take federal bailout loans so far.

Prediction: Chrysler and/or General Motors files for bankruptcy protection by June 1, 2009. Only one of the two automakers needs to file for this prediction to be judged favorably.

U.S. automakers file for bankruptcy?

Yi-Wyn Yen — Tue, 07 Apr 2009 14:21:44 -0400

Ford is the only company among the Big Three to not take federal bailout loans so far.

Prediction: Chrysler and/or General Motors files for bankruptcy protection by June 1, 2009. Only one of the two automakers needs to file for this prediction to be judged favorably.

U.S. automakers file for bankruptcy?

Yi-Wyn Yen — Tue, 07 Apr 2009 14:21:44 -0400

Ford is the only company among the Big Three to not take federal bailout loans so far.

Prediction: Chrysler and/or General Motors files for bankruptcy protection by June 1, 2009. Only one of the two automakers needs to file for this prediction to be judged favorably.

U.S. automakers file for bankruptcy?

Yi-Wyn Yen — Tue, 07 Apr 2009 14:21:44 -0400

Ford is the only company among the Big Three to not take federal bailout loans so far.

Prediction: Chrysler and/or General Motors files for bankruptcy protection by June 1, 2009. Only one of the two automakers needs to file for this prediction to be judged favorably.

U.S. automakers file for bankruptcy?

Yi-Wyn Yen — Tue, 07 Apr 2009 14:21:44 -0400

Ford is the only company among the Big Three to not take federal bailout loans so far.

Prediction: Chrysler and/or General Motors files for bankruptcy protection by June 1, 2009. Only one of the two automakers needs to file for this prediction to be judged favorably.

U.S. automakers file for bankruptcy?

Yi-Wyn Yen — Tue, 07 Apr 2009 14:21:44 -0400

Ford is the only company among the Big Three to not take federal bailout loans so far.

Prediction: Chrysler and/or General Motors files for bankruptcy protection by June 1, 2009. Only one of the two automakers needs to file for this prediction to be judged favorably.

U.S. automakers file for bankruptcy?

Yi-Wyn Yen — Tue, 07 Apr 2009 14:21:44 -0400

Ford is the only company among the Big Three to not take federal bailout loans so far.

Prediction: Chrysler and/or General Motors files for bankruptcy protection by June 1, 2009. Only one of the two automakers needs to file for this prediction to be judged favorably.

U.S. automakers file for bankruptcy?

Yi-Wyn Yen — Tue, 07 Apr 2009 14:21:44 -0400

Ford is the only company among the Big Three to not take federal bailout loans so far.

Prediction: Chrysler and/or General Motors files for bankruptcy protection by June 1, 2009. Only one of the two automakers needs to file for this prediction to be judged favorably.

U.S. automakers file for bankruptcy?

Yi-Wyn Yen — Tue, 07 Apr 2009 14:21:44 -0400

Ford is the only company among the Big Three to not take federal bailout loans so far.

Prediction: Chrysler and/or General Motors files for bankruptcy protection by June 1, 2009. Only one of the two automakers needs to file for this prediction to be judged favorably.

U.S. automakers file for bankruptcy?

Yi-Wyn Yen — Tue, 07 Apr 2009 14:21:44 -0400

Ford is the only company among the Big Three to not take federal bailout loans so far.

Prediction: Chrysler and/or General Motors files for bankruptcy protection by June 1, 2009. Only one of the two automakers needs to file for this prediction to be judged favorably.