Planet Money


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The economy, explained, with stories and surprises. Imagine you could call up a friend and say, "Meet me at the bar and tell me what's going on with the economy." Now imagine that's actually a fun evening. That's what we're going for at <em>Planet Money</em>. People seem to like it.


#53 Planet Money: GM Loves Bankruptcy

June 10th, 2009

Episode 145 of 974 episodes

Chapter 11 bankruptcy is a wonderful tool, says GM CFO Ray Young, whose company is now in the process of restructuring. And hey, it went so well for Chrysler. If you happen to be one of the jilted creditors, bankruptcy doesn't seem quite so wonderful. Clown Mandy Dalton says a mall operator that went bust still owes her $200 for a family fun day. She talks it over with bankruptcy lawyer Jay Strock.

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