GM makes it official…
June 1st, 2009
| Tags: 0px-auto, 100-years, auto industry, economic crisis, general motors, government bailout, humbled, release, slot it, suspension, will-give
…and files for bankruptcy. From the AP story lede: “WASHINGTON – General Motors, the humbled auto giant that has been part of American life for more than 100 years, will file for bankruptcy protection on Monday in a deal that will give taxpayers a 60 percent ownership stake and expand the government’s reach into big business.”
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GM makes it official…
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