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Media reactions to GM bankruptcy

2009-06-02 13:45 BJT

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The bankruptcy case of GM has set off a wave of media comments in the US. Let's take a quick look at some.

The Wall Street Journal

--GM collapses into government's arms

The New York Times

--Mr. Henderson may have only three months, the government's ideal length for the bankruptcy case.

The Detroit Free Press

--The Chrysler, GM and other bankruptcies in the automotive sector are meant to be transitions, not liquidations.

The Washington Post

--The court filing marks the end of financial independence for the 100-year-old industrial leviathan.

US Today

--Seven reasons GM is headed to bankruptcy: not filing for bankruptcy sooner, killing the EV1 electric program, overreacting to the truck boom.

Editor: Xiong Qu | Source: CCTV.com