Scott Bianchi -'s Articles in Credit

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  • One Step Closer To Bankruptcy
    I have written a couple articles so far about the downfall of GM and Ford, although I have mostly focused on GM. GM announced today that they are going to offer some 113,000 hourly employees a severance package in the six figure range to leave and waive their rights to their healthcare benefits. Here is the link to the article making the announcement: http://www.foxnews.com/story/0,2933,188732,00.html.

    If I were in the position of some of these workers I would have a diffi...
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