- FRANCE 24

Majority of GM bondholders said to approve debt-swap deal

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Overcapacity

by Insider (not verified) - 31/05/2009 - 20:01

There is gross overcapacity in the worlds auto market & GM is surplus to requirements. Giving bond-holders 25% stake of nothing is worth nothing! Wake up tax-payers this is YOUR money being wasted!

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Majority of GM bondholders said to approve debt-swap deal

React to the article

(1) Reaction

Overcapacity

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