New General Motors CEO Willing to Consider Bankruptcy: Malleability is Second to Godliness

by Benjamin Domenech on 2:33 am April 1, 2009

Frederick “Fritz” Henderson sits down for an interview with the WSJ after being tapped as CEO after POTUS boots Rick Wagoner, who had resisted any bankruptcy. “Mr. Henderson made clear that he will use the full force of government backing to extract more painful changes from GM’s union and its unsecured bondholders.” Good luck.

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