Monday, June 1, 2009

GM Files Chapter 11 Bankruptcy

As part of a plan to make General Motors more manageable and give a majority ownership stake to the government, GM today filed for Chapter 11 bankruptcy protection.

President Obama has a scheduled speech for around noon to address GM’s future and it's impact on everyday people. Here's more.

In the meantime, an letter to the editor in today's Spokesman-Review says the answer to saving GM is for the company to start producing an electric car that company managers originally said would never work. Here's the letter.

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About SRTC

SRTC is the federally designated Metropolitan Planning Organization (MPO) for Spokane County. Urbanized areas with populations exceeding 50,000 people are required to have an MPO. SRTC was formed to address the county's transportation planning needs. It provides coordination in planning between the public, cities, small towns, the county, the state, transit providers, and tribes.

SRTC offers services including transportation monitoring, transportation modeling, census information analysis, travel demand forecasting, historical traffic count analysis, geographic information systems, and trip generation rates.