GM chairman urges changes to pay caps, chartpoppers.com
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(CHARTPOPPERS.COM, November 11, 2009 ) Point Roberts, WA - Chartpoppers.com announces an investment report featuring company Motors Liquidation Company (MTLQQ.PK)
Motors Liquidation Company (MTLQQ.PK) and its subsidiaries completed the sale of substantially all of their assets to General Motors Company on July 10, 2009. Previously, the company was primarily engaged in the design, manufacture, and marketing of cars and light trucks worldwide. It was formerly known as General Motors Corporation and changed its name to Motors Liquidation Company in July 2009 in connection with the sale of substantially all of its assets pursuant to Section 363(b) of the Bankruptcy Code and the Bankruptcy Court’s sale order dated July 5, 2009
Recent News on Motors Liquidation Company (MTLQQ.PK)
General Motors Co. Chairman Ed Whitacre on Tuesday urged the Obama administration to give the automaker less restrictive pay caps and said it was too early to discuss the timing for the automaker to become a public company again.
Ed Whitacre, who became chairman of a reconstituted 13-member GM board when the automaker emerged from bankruptcy in July, also defended the decision earlier this month for GM to keep its European Opel and Vauxhall brands.
"It's been a confusing decision, but I don't think it was handled badly," Whitacre told reporters. "The circumstances changed from the time this started. The financial part of the business got better. Conditions have changed."
Whitacre said GM Chief Executive Fritz Henderson and his team have the backing of the board and an understanding of the priority of paying down government debt after the company took $50 billion in U.S. government funding.
To view the Consolidated Investment Analysis on Motors Liquidation Company (MTLQQ.PK)Please visit the stock pulse page at www.chartpoppers.com
In the report chartpoppers.com covers a recent Financial Summary, Analyst Consensus, Technical Analysis, Comparative Analysis and Insider Trading Activity.
The full report is available at www.chartpoppers.com
Chartpoppers.com is a market research and investment commentary provider. Chartpoppers.com aims to bring undervalued, up and coming companies into the sight of both experienced and non-experienced investors. We try to help investors, at whatever stage in their careers, to get a grasp on the necessary financial data that they need in order to make a educated investment decision. From our daily trading ideas to a in depth coverage of what’s going on in the markets, we are sure that chartpoppers.com is exactly what you need in order succeed.
For More information please visit us at www.chartpoppers.com
Chartpoppers.com Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. ChartPoppers.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
Motors Liquidation Company (MTLQQ.PK) and its subsidiaries completed the sale of substantially all of their assets to General Motors Company on July 10, 2009. Previously, the company was primarily engaged in the design, manufacture, and marketing of cars and light trucks worldwide. It was formerly known as General Motors Corporation and changed its name to Motors Liquidation Company in July 2009 in connection with the sale of substantially all of its assets pursuant to Section 363(b) of the Bankruptcy Code and the Bankruptcy Court’s sale order dated July 5, 2009
Recent News on Motors Liquidation Company (MTLQQ.PK)
General Motors Co. Chairman Ed Whitacre on Tuesday urged the Obama administration to give the automaker less restrictive pay caps and said it was too early to discuss the timing for the automaker to become a public company again.
Ed Whitacre, who became chairman of a reconstituted 13-member GM board when the automaker emerged from bankruptcy in July, also defended the decision earlier this month for GM to keep its European Opel and Vauxhall brands.
"It's been a confusing decision, but I don't think it was handled badly," Whitacre told reporters. "The circumstances changed from the time this started. The financial part of the business got better. Conditions have changed."
Whitacre said GM Chief Executive Fritz Henderson and his team have the backing of the board and an understanding of the priority of paying down government debt after the company took $50 billion in U.S. government funding.
To view the Consolidated Investment Analysis on Motors Liquidation Company (MTLQQ.PK)Please visit the stock pulse page at www.chartpoppers.com
In the report chartpoppers.com covers a recent Financial Summary, Analyst Consensus, Technical Analysis, Comparative Analysis and Insider Trading Activity.
The full report is available at www.chartpoppers.com
Chartpoppers.com is a market research and investment commentary provider. Chartpoppers.com aims to bring undervalued, up and coming companies into the sight of both experienced and non-experienced investors. We try to help investors, at whatever stage in their careers, to get a grasp on the necessary financial data that they need in order to make a educated investment decision. From our daily trading ideas to a in depth coverage of what’s going on in the markets, we are sure that chartpoppers.com is exactly what you need in order succeed.
For More information please visit us at www.chartpoppers.com
Chartpoppers.com Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. ChartPoppers.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
Contact Information:
CHARTPOPPERS
Paul Marek
Tel: 6047245332
Email us
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CHARTPOPPERS
Paul Marek
Tel: 6047245332
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
