Skip to comments.
GM Filing Expected 8 a.m. Monday; Koch to be Named Restructuring Chief (Alix Partners = Dem. Donors)
Wall Street Journal ^
| 5/31/09
| JEFFREY MCCRACKEN and MIKE SPECTOR
Posted on 05/31/2009 2:06:00 PM PDT by jimbo123
General Motors Corp. is expected to name turnaround executive Al Koch as its new chief restructuring officer to guide the auto maker's trip through Chapter 11 bankruptcy protection, according to people familiar with the matter.
Mr. Koch, a managing director at the advisory firm AlixPartners LLP, will be named to the post when GM files its bankruptcy papers at 8 a.m. Monday at the U.S. Bankruptcy Court in New York's Southern District, these people said. He will be the highest-ranking outsider in GM's officer ranks and oversee about 60 Alix employees working for the auto maker.
(Excerpt) Read more at online.wsj.com ...
TOPICS: Business/Economy; Government; News/Current Events; US: Michigan
KEYWORDS: alix; alkoch; automakers; bankruptcy; clowncars; demdonors; generalmotors; gm; governmentmotors; michigan; obamamotors
Navigation: use the links below to view more comments.
first 1-20, 21-25 next last
ALIX, JAY SOUTHFIELD,MI 48075 ALIXPARTNERS 10/20/04 $20,000 Democratic Senatorial Campaign Cmte (D)
ALIX, JAY SOUTHFIELD,MI 48075 ALIXPARTNERS 10/18/04 $5,000 Democratic Senatorial Campaign Cmte (D)
1
posted on
05/31/2009 2:06:01 PM PDT
by
jimbo123
To: All
KOCH, ALBERT A
BLOOMFIELD HILLS,MI 48304 ALIX PARTNERS LLC/ATTORNEY 11/29/05 $1,000 Biden, Joseph R Jr (D)
2
posted on
05/31/2009 2:12:01 PM PDT
by
jimbo123
To: jimbo123
3
posted on
05/31/2009 2:17:02 PM PDT
by
Paladin2
(Big Ears + Big Spending --> BigEarMarx, the man behind TOTUS)
To: Paladin2
The Al that GM really needs.
4
posted on
05/31/2009 2:17:25 PM PDT
by
Paladin2
(Big Ears + Big Spending --> BigEarMarx, the man behind TOTUS)
To: jimbo123
And all GM warranty work will be covered under Obama’s universal health care plan!
To: jimbo123
LET’S REVIEW, SHALL WE?
A Big-time Democrat Donor is going to get FILTHY STINKIN’ RICH pocketing HUGE, unimaginable fees from this.
ETHICS INVESTIGATION, ANYONE?
Oh wait...
Democrats are no longer subject to inconvenient things like ETHICS, are they?!
6
posted on
05/31/2009 2:23:24 PM PDT
by
tcrlaf
("Hope" is the most Evil of all Evils"-Neitzsche)
To: Paladin2
7
posted on
05/31/2009 2:24:59 PM PDT
by
Paladin2
(Big Ears + Big Spending --> BigEarMarx, the man behind TOTUS)
To: Paladin2
The Al that GM really needs.That's a joke, right?
8
posted on
05/31/2009 2:30:10 PM PDT
by
dfwgator
(1996 2006 2008 - Good Things Come in Threes)
To: dfwgator
Yep, though he’s really not all that different from 0be.
9
posted on
05/31/2009 2:31:07 PM PDT
by
Paladin2
(Big Ears + Big Spending --> BigEarMarx, the man behind TOTUS)
To: Paladin2
We studied this guy in our MBA class, he was a first-class huckster.
10
posted on
05/31/2009 2:32:07 PM PDT
by
dfwgator
(1996 2006 2008 - Good Things Come in Threes)
To: jimbo123
Oh Me! “GOOBER MOTORS” going down.
11
posted on
05/31/2009 2:42:23 PM PDT
by
boothead
To: boothead
Mr. Maggie Carta said GM now stands for “Gone Motors.” Or something like that. I really wasn’t listening to him...
12
posted on
05/31/2009 2:53:11 PM PDT
by
MaggieCarta
(We're all Detroiters now.)
To: dfwgator
Not unlike 0be. On the other hand GM needs to cut deeply to get to it’s breakeven point inline with current US market sales rates.
13
posted on
05/31/2009 3:05:13 PM PDT
by
Paladin2
(Big Ears + Big Spending --> BigEarMarx, the man behind TOTUS)
To: tcrlaf
Oh wait... Democrats are no longer subject to inconvenient things like ETHICS, are they?! Dims haven't been subject to the law in general and ethics in particular since LBJs days. The period of the communist youth revolution.
14
posted on
05/31/2009 3:27:29 PM PDT
by
Nuc1
(NUC1 Sub pusher SSN 668 (Liberals Aren't Patriots))
To: jimbo123
It’s all downhill from here. Once Government Motors starts puking out those “green” cars that nobody wants, it should be all over quickly. RIP GM.
15
posted on
05/31/2009 3:28:39 PM PDT
by
FlingWingFlyer
(Gibbs needs to be "exceedingly careful" when threatening the American people.)
To: jimbo123
And people thought Enron and Haliburton were BAD. Ha!
16
posted on
05/31/2009 3:47:42 PM PDT
by
patriot preacher
(To be a good American Citizen and a Christian IS NOT a contradiction. (www.mygration.blogspot.com))
To: Paladin2
That’s a different “Al”, I believe.
17
posted on
05/31/2009 4:01:19 PM PDT
by
jiggyboy
(Ten per cent of poll respondents are either lying or insane)
To: jimbo123
General Motors Corp. is expected to name turnaround executive Al Koch as its new chief restructuring officer
"I'm looking forward to a long and meaningful career as the new leader of this great company."
18
posted on
05/31/2009 4:03:26 PM PDT
by
jiggyboy
(Ten per cent of poll respondents are either lying or insane)
To: wafflehouse; Leisler; PAR35; TigerLikesRooster; AndyJackson; Thane_Banquo; nicksaunt; ...
*Ping!*
19
posted on
05/31/2009 4:59:33 PM PDT
by
rabscuttle385
("If this be treason, then make the most of it!" —Patrick Henry)
To: Nuc1
20
posted on
05/31/2009 5:12:09 PM PDT
by
Leisler
("It is terrible to contemplate how few politicians are hanged."~G.K. Chesterton)
Navigation: use the links below to view more comments.
first 1-20, 21-25 next last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson
