Financial Regulatory Forum

GM negotiator meets with Opel task force in Berlin

An Opel car stops in front of the Federal Ministry for Economy and Technology in Berlin August 25, 2009. German Foreign Minister Frank-Walter Steinmeier said General Motors Co's top negotiator for a deal on the sale of its European unit Opel would meet the government's Opel Taskforce on Tuesday in Berlin.  REUTERS/Pawel Kopczynski   (GERMANY TRANSPORT) By Gernot Heller and Maria Sheahan
BERLIN/FRANKFURT, Aug 25 (Reuters) – German government officials met with General Motors’ top negotiator on Tuesday, hoping to get answers on why the U.S. carmaker has so far failed to choose a buyer for its European unit, Opel.

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US Senate Commerce panel head seeks GM/Chrysler audit

WASHINGTONTerminated Chrysler dealer, July 24 (Reuters) – Congress turned up the heat on General Motors Corp and Chrysler Group with a senior lawmaker calling for a U.S. Treasury Department review of decisions to cut more than 2,000 dealers. (more…)

GM says studying three bids for Opel

Opel in GermanyBy Christiaan Hetzner and Angelika Gruber
FRANKFURT, July 20 (Reuters) – General Motors (GM) said on Monday that it had received three binding takeover offers for carmaker Opel that it would consider along with Germany and other European countries that would be affected by the deal. (more…)

U.S. government auto task-force chief to step down

Steve Rattner WASHINGTON/NEW YORK, July 13 (Reuters) – Steven Rattner will leave as head of the U.S. autos task force, which oversaw bankruptcies at General Motors Corp and Chrysler Group, at a time when a probe into how the private equity firm he co-founded gained New York pension business has intensified. (more…)

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