GM to announce bankruptcy on Monday

May 31st, 2009

AutoRacingSport.com
With the clock ticking on a June 1 government deadline to restructure, General Motors Corp. worked feverishly Sunday to shore up its global businesses to clear the way for a speedy reorganization in bankruptcy court. GM, part of American life for more than 100 years and once the country’s largest employer, is expected to file [...]
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