Bankruptcy News

409 Newsroom: At 10:00pm, March 21, 2010, the United States House of Representatives votes to pass HR 3590 and HR 4892, Patient-Protection-Affordable Health Care Act and Reconciliation. 219 - 212 - vote count.

409 Newsroom: At 7:20am, December 24, 2009, the United States Congress voted on and achieved Sixty (60) votes to pass national health care

IN THE SENATE OF THE UNITED STATES—111th Cong., 1st Sess.

H. R. 3590

HUGE COMPLIANCE ISSUES ARE CONTAINED WITH SAID BILL

409 Newsroom : At 8:30am, June 1, 2009, General Motors Corporation files for bankruptcy protection, effecting dealers, suppliers, workers, and retirees. Once the largest corporation in the world and the oldest listing in the DOW, GM has ended an era in American automobile history. The New GM is to emerge leaner with fewer plants and products. The swap makes the Federal Government a 60 percent owner, the UAW a 17.5 percent owner and the Canadian Government a 12.5 owner, with the remainder going to bond holders. The ripple effect already felt as a Harlem GM dealership files for bankruptcy protection itself.