It was all set off May 19, when a bankrupt, part-Fijian businessman, proclaiming that he was acting in the name of all indigenous Fijians, stormed the parliamentary compound here with a small group of armed followers.
A looming strike at Delphi, a bankrupt parts supplier, could have disastrous knock-on effects for GM.The Delphi management is demanding big pay cuts from its American workforce.
The deal should also avert a strike by workers at Delphi, GM's bankrupt parts supplier, who are included thanks to commitments made when GM span the firm off in 1999.
These, as Mr Wagoner says, require it somehow to find a way not only to get back on its feet, but also to dance simultaneously with Delphi, its now bankrupt parts supplier, and with one of America's toughest trade unions, the United Auto Workers UAWW).
The same reduction pace is taking shape at the company's bankrupt parts supplier, Delphi, where 12,600 employees agreed to buyouts.
And, Moody's points out, GMAC will still have substantial ties to GM, which is keeping a minority 49% stake, and thus has exposure to the outcome of GM's negotiations with its labor unions and bankrupt parts supplier Delphi.
The automotive industry was back in focus as well, after bankrupt parts supplier Delphi asked a court to allow it to cancel benefits to 15,000 current and future retirees, and Toyota Motor said it expects to record its first yearly loss since 1950.
GM also included a loss of $731 million to reflect its support of bankrupt parts supplier Delphi Corp.
It was this gargantuanly egocentric attitude that gave us the "Me Generation" during the 70s and went on to bankrupt parts of this country, both financially and morally, in the 80s and beyond.
Not in the bankrupting part, but they were right that this was a massive corporate giveaway, and they were right that it wasn't going to bring us anywhere near what scientists were saying we needed to do lower emissions.
But it lost $3.25 billion, or $5.74 a share, as it struggled with a bankrupt former parts division, a strike at a major supplier and home loans made by its finance arm that have gone bad.
