2009-04-12 — yahoo.com
" he US Treasury Department has told General Motors to make all necessary preparations for a possible bankruptcy filing by June 1, even though the troubled automaker insists it can restructure its business on its own, The New York Times reported."
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Comments:
tvsterling at 11:49 2009-04-13 said:
This looks to be a last warning to GM Bondholders. Take a haircut OR ELSE. You know the old saying,"Half a loaf is better than none." These bondholders may be just stupid enough to insist on 'none'. Permalinkadd a comment | go to forum thread
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