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GM likely to file Bankruptcy today.

The worlds Largest Auto Maker for 77 Yrs, General Motors will file for Chapter 11 bankruptcy protection on Monday at the U.S. Bankruptcy Court in the Southern District of New York before markets open, according to U.S. government sources with direct knowledge of the preparations. The bankruptcy has become the most carefully orchestrated Chapter 11 [...]

[ More ] June 1st, 2009 | No Comments | Posted in Auto, Business, News |

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