Political Capital

Posts tagged: bankruptcy

The Ford Motor Co. badges before being affixed to Ford Fiestas in Cologne, Germany.

Photograph by Krisztian Bocsi/Bloomberg

The Ford Motor Co. badges before being affixed to Ford Fiestas in Cologne, Germany.

Bloomberg by the Numbers: 87%

Ford Motor Co.’s shares rose 87 percent since Chief Executive Officer Alan Mulally took over the Dearborn, Michigan-based company about eight years ago. Ford, the second-largest U.S. automaker, will soon name Chief Operating Officer Mark Fields to succeed Mulally, Bloomberg’s...

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Discarded mattresses in front of the abandoned Fisher Body Plant 21 building in Detroit.

Photograph by Jeff Kowalsky/Bloomberg

Discarded mattresses in front of the abandoned Fisher Body Plant 21 building in Detroit.

Detroit: Going to School on Bankruptcy

Add bankruptcy to the list of Detroit brands that inspire intellectual pursuits, along with making cars, the growth of unions, strained race relations and Motown Music. A new, 13-week course at Wayne State University in Detroit will explore why the...

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The General Motors Co. building in Detroit.

Photograph by Jeff Kowalsky/Bloomberg

The General Motors Co. building in Detroit.

Detroit Bankruptcy Documentary Billed With DC Auto Show

While auto lobbyists and executives are living high on the hog at parties next week on the night before the Washington Auto Show, critics of the industry’s government bailout will be screening a new film around the corner. Ben Howe...

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Detroit is struggling with over 78,000 abandoned homes across 140 square miles and double-digit unemployment.

Photograph by Andrew Burton/Getty Images

Detroit is struggling with over 78,000 abandoned homes across 140 square miles and double-digit unemployment.

AFSCME Makes Detroit Look GIF-y

The American Federation of State, County and Municipal Employees is spelling out the consequences of Detroit’s record bankruptcy filing through the simplest means possible — GIFs and memes. Using short clips from movies and TV shows including “Austin Powers,” “Arrested...

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Kevyn Orr, Detroit's Emergency Financial Manager, speaks during an interview in New York, on July 26, 2013.

Photograph by Scott Eells/Bloomberg

Kevyn Orr, Detroit's Emergency Financial Manager, speaks during an interview in New York, on July 26, 2013.

Detroit’s Orr: ‘The Man’ Who Would Be a Ski Instructor

Detroit Emergency Manager Kevyn Orr is by all accounts a successful Washington bankruptcy attorney who, in his words, took on “the Olympics of restructuring” that’s produced the biggest U.S. municipal bankruptcy. So, what would he rather do if it were...

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The global headquarters of General Motors Co. in view behind abandoned homes in Detroit, Michigan, on June 6, 2013

Photograph by Jeff Kowalsky/Bloomberg

The global headquarters of General Motors Co. in view behind abandoned homes in Detroit, Michigan, on June 6, 2013

Bloomberg by the Numbers: 62%

That’s how much Detroit’s population declined from 1950 from 2012, according to Census Bureau data. Detroit’s population was 701,475 in July 2012, according to a Census Bureau estimate, down from 713,777 in 2010 and a peak of 1,849,569 in 1950,...

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Supreme Court Associate Justice Anthony Kennedy, right, talks with Rep. Ander Crenshaw before the start of a hearing on Capitol Hill on March 14, 2013 in Washington.

Photograph by Win McNamee/Getty Images

Supreme Court Associate Justice Anthony Kennedy, right, talks with Rep. Ander Crenshaw before the start of a hearing on Capitol Hill on March 14, 2013 in Washington.

Trial, Bankruptcy Delays: Justices Warn of Long-Term Budget Cuts

It’s not only juries that get sequestered. The automatic budget cuts working their way through the federal government will undermine the work of the judiciary if left in place for more than a few months, according to two Supreme Court...

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Chrysler CEO: Romney’s Bankruptcy Solution `Impossible’ at the Time

Mitt Romney’s recollection of 2009 doesn’t match Chrysler Chief Executive Officer Sergio Marchionne’s. Hours before President Barack Obama’s campaign visit to Ohio State University today, Chrysler’s Marchionne visited the campus last night to speak about the auto-maker’s “Imported From Detroit”...

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