Search This Blog

Monday, June 1, 2009

GM Files Chapter 11

As part of a plan to make General Motors more manageable and give a majority ownership stake to the government, GM today filed for Chapter 11 bankruptcy protection.

President Obama has a scheduled speech for around noon to address GM’s future and it's impact on everyday people. Here's more.

In the meantime, an letter to the editor in today's Spokesman-Review says the answer to saving GM is for the company to start producing an electric car that company managers originally said would never work. Here's the letter.

No comments:

Kootenai Metropolitan Planning Organization (KMPO) is the Metropolitan Planning Organization for Kootenai County, Idaho. Federal law requires urbanized areas with populations exceeding 50,000 people to have an MPO. KMPO was formed in 2003, to provide coordinated transportation planning within Kootenai county for the public, cities, small towns, the county, the state, transit providers, and the Coeur d'Alene tribe.

KMPO's Board of Directors oversees KMPO for Kootenai County, ID. KMPO's Executive Director and Staff are responsible for day-to-day operational and administrative needs.