GM酝酿'有秩序破产'

铁板烧

White House Vows To Avoid 'Disorderly' Collapse Of Auto Sector
5:53 PM ET 12/18/08 | Dow Jones
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4:00 PM ET 12/18/08
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WASHINGTON (Dow Jones)--The White House gave repeated assurances Thursday that it won't let General Motors Corp. (GM) and Chrysler LLC suffer a "disorderly" collapse, but shed little light on its plans for the rapidly deteriorating U.S. auto industry.

President Bush said he would take action to avoid the "shock to the system" that a messy bankruptcy could trigger. His spokeswoman Dana Perino, meanwhile, said a managed bankruptcy is among the options under consideration.

Neither indicated when the White House would unveil a plan, though Perino said the administration is "very close" to a decision.

"A disorderly bankruptcy could be very destabilizing for what is now a fragile financial market," Bush said in an interview with CSPAN.

General Motors and Chrysler LLC have said they will run out of cash before the end of the year without a lifeline from the government. Since the Senate's rejection of a proposed $14 billion bailout last week, the White House has been evaluating the auto makers' books and mulling whether to carve emergency loans from the Treasury Department's Troubled Asset Relief Program.

The situation appeared to take on more urgency on Wednesday, when Chrysler said it is shuttering 30 production facilities for a month.

"I will tell you this: The president is not going to allow a disorderly collapse of the companies," Perino said. "That is not an option."

She said a structured bankruptcy could provide a path to a "soft landing," adding all stakeholders would be forced to make concessions under each scenario being considered by the White House.

"There's an orderly way to do bankruptcies that provides for more of a soft landing. I think that's what we would be talking about," she said. "That would be one of the options."

Bush was asked about the situation twice on Thursday, in the CSPAN interview and during an audience question-and-answer session at the American Enterprise Institute. He said he hasn't made up his mind, but that doing nothing is not an option.

"This is a difficult time for a free-market person," he said at AEI. "We got to the point where... if a major institution were to fail, there is great likelihood that there'd be a ripple effect throughout the world, and the average person would be really hurt."

"I am worried about a disorderly bankruptcy and what it would do to the psychology and the markets," he said.

Little more than a month before he leaves the Oval Office, Bush said there's one more factor to consider: his successor, Barack Obama.

"I believe that good policy is not to dump him a major catastrophe in his first day of office," the president said.

- By Henry J. Pulizzi, Dow Jones Newswires; 202-862-9256; henry.pulizzi@dowjones.com

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> Dow Jones Newswires

12-18-08 1753ET

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tencent

结果是GM继续能够经营，但工资降下来了