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Jul 10

GM Emerges From Bankruptcy

Posted By
Jul 10, 2009 / 09:07
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GM emerged from bankruptcy after lawyers spent all night signing a two foot high stack of agreements outlining a massive transfer of factories, money and intellectual property. Today GM’s CEO will announce a strategy to make them profitable again-  including plans to cut another 4,000 white-collar jobs, including 450 top executives.

http://www.forbes.com/feeds/ap/2009/07/10/ap6640224.html

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