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Archive Home > 2009 > April > 01 > GM may face an unusual bankruptcy

GM may face an unusual bankruptcy

By Michael J. de la Merced and Jonathan D. Glater / The Bulletin
April 1, 2009

Industries like airlines, railroads and steel have all been remade through bankruptcy. But the Obama administration is trying to reshape General Motors in a truly novel way.

A troubled company like GM usually seeks to line up creditors, employees and other stakeholders for a plan of....

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