Massachusetts: General Motors

May 31, 2009 - 10:01 pm
NEWS FEED: Boston Globe

Details of the GM restructuring plan released

The US government will take a 60 percent ownership stake in General Motors and extend an additional $30 billion to the automaker as part of a post-bankruptcy restructuring of the company, the White House announced tonight. GM is expected to...

Tue, 12/09/2008 - 09:29

AP: Brockton native under consideration to be ‘car czar’

Kenneth Feinberg, a Brockton native and administrator of the Sept. 11 Victim Compensation Fund, is under consideration to oversee the $15 billion bailout of the auto industry, the Associated Press reports.

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