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View Full Version : Fate of GM lies with recalcitrant bondholders (AP)


Yahoo! Finance
05-26-2009, 10:00 PM
<b>Yahoo! Finance: Mutual Fund News</b>

General Motors Corp. has nearly all the pieces lined up for an orderly restructuring that would save it from bankruptcy, except for one: persuading the holders of some $27 billion in bonds to exchange their debt for stock.

complete story here... (http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ap/090526/us_gm_bondholders.html?.v=5)