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GM Bankruptcy Announcement Planned for Tomorrow!
"Shares of GM dropped to 75 cents a share - making them virtually worthless." (Bond holders will be issued stock owning 25% of the company. The old stockholders will end up owning only 1% of the company!) Key events in the history of General Motors Corporation: http://www.oregonlive.com/newsflash/...ylist=business Double-A |
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