Doomsday Scenario: CDS contracts to push GM into bankruptcy, recession jacks budget deficit

Posted May 13th 2009 8:30AM by Alex Salkever
Filed under: Analyst Reports, General Motors (GM), Economic Data, Housing

A roundup of the dark tidings from BloggingStocks and elsewhere on the Web:

CDS holders to push GM into bankruptcy despite salvage efforts? (Financial Times)
Recession creates first April budget deficit since 1983 (BloggingStocks)
Biofuels fall off a cliff, hard to find opportunity (Earth2Web)
Georgia Gulf near bankruptcy (Zack's)
More home owners unable to sell houses opt to rent them out (BloggingStocks)

Tags: automotive, biofuel, biofuels, budget deficit, BudgetDeficit, car, general motors, GeneralMotors, gm, home, house, real estate, RealEstate

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Last updated: February 13, 2012: 03:53 AM

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