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...chief restructuring officer will be to dispose of real estate such as closed factories. GM assembly plants in Pontiac, Mich. and Wilmington, Del., as well as power-train plants in Livonia, Flint and Ypsilanti Township, Mich., Parma, Ohio, and Fredericksburg, Va., were just added to the list. The automaker also is shutting underutilized stamping plants in Indianapolis and Mansfield, Ohio; and closing warehouses in Boston, Jacksonville, Fla., and Columbus, Ohio, all by the end of this year. Workers at all nine plants and the three warehouses were told for the first time they were closing when they showed...

Author: /time Magazine | Title: Disposing of the Remains of the Old GM | 6/2/2009 | See Source »

...real estate and any liability claims that go with the property will be assigned to the old GM. In addition, there is a long list of plants that GM has already shuttered in earlier waves of plant closings and downsizings that will go to the old GM's graveyard...

Author: /time Magazine | Title: Disposing of the Remains of the Old GM | 6/2/2009 | See Source »

...piece of real estate that won't be on the list, even though it is only partially occupied now, is GM's riverfront headquarters in downtown Detroit, a city that's now world famous for its industrial ruins. The Obama Administration has decreed the headquarters will stay downtown - at least for now - rather than move to vacant space at the GM Technical Center in suburban Warren. (Watch an interview with Ford CEO Alan Mulally...

Author: /time Magazine | Title: Disposing of the Remains of the Old GM | 6/2/2009 | See Source »

...faculty. This is intended to increase transparency and make clear that cases are decided based on a previously agreed standard. At the same time, to help document a case, and to help assure fairness, students involved in disciplinary cases will be asked to submit to the Board a list of relevant information...

Author: By Donald H. Pfister and Matthew L. Sundquist | Title: Ad Board Reviewed and Modified | 6/2/2009 | See Source »

...well rounded—or insanely overscheduled—but jazz was a core component of my identity. I was in love with its lore, its improvisatory spirit, and I diligently practiced tenor sax an hour each day. I didn’t apply to conservatories, but my college list was limited to those that boasted strong jazz programs. I listened to the stuff almost exclusively until I was 17, and my application’s personal statement was 500 words of gushed, schmaltzier-than-Kenny G prose—I think, God help me, that I called performing...

Author: By Jake G. Cohen | Title: Background Music | 6/2/2009 | See Source »

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