Friday, July 10, 2009

Now I can't Buy a G8...

This article discusses some of the details of the new General Motors, which finished restructuring in an astounding 39 days. US Taxpayers now own over 60% of the streamlined entity. The new company has rid itself of a substantial amount of debt and unfavorable labor contracts, potentially allowing itself to regain its position as the premier automaker in the US.

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