NBC Nightly News - 2009-06-01

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Read a transcript preview of “NBC Nightly News - 2009-06-01” from malgent, uploaded on 2026-01-15.

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[0:00] parts. Is it as bad as it gets? And the

[0:03] finale, the Cinderella story that didn't

[0:05] have a Cinderella ending. In fact, there

[0:07] may be an investigation. Nightly News

[0:10] begins now.

[0:15] >> From NBC News World Headquarters in New

[0:18] York. This is NBC Nightly News with

[0:20] Brian Williams.

[0:22] >> Good evening. More than any other, it is

[0:24] America's car company. General Motors

[0:27] has been a huge part of the American

[0:29] economy. It helped build the city of

[0:31] Detroit. It put a lot of food on the

[0:33] table and a lot of kids through college

[0:36] and a lot of cars in the garage over the

[0:38] years. Tonight, General Motors has filed

[0:40] for Chapter 11 bankruptcy protection.

[0:43] It's going to take more government

[0:45] money. It's going to be a while before

[0:46] they make any money, though. The

[0:48] president's assuring us they'll soon be

[0:50] back on their own feet. We want to begin

[0:52] tonight this historic and sad

[0:54] development. Our reporting started off

[0:56] by CNBC's Phil Leau. He's outside

[0:58] bankruptcy court here in New York. Phil,

[1:00] good evening.

[1:02] >> Good evening, Brian. A busy first day in

[1:04] bankruptcy court for General Motors. At

[1:06] its first hearing, the company is asking

[1:08] to immediately receive 15 billion

[1:10] dollars from the US government. This as

[1:12] it rushes to cut its debt, cut plants,

[1:14] and rebuild its business.

[1:18] Arriving at court in a hybrid Chevy

[1:20] Impala.

[1:20] >> How you doing? GM CEO Fritz Henderson

[1:23] says this is the end of the old GM and a

[1:26] new one will rise from the ashes of

[1:28] bankruptcy.

[1:28] >> We know we need to prove ourselves and

[1:30] to do it every day and we will.

[1:34] And we will do it righ

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