Obama's plan to save GM: bankruptcy, $30 billion

Obama' S Plan Save Gm Bankruptcy $30 Billion - Politics, Business, Civil, History - Posted: 1st Jun, 2009 - 6:42pm

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Post Date: 1st Jun, 2009 - 6:42pm / Post ID: #

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Obama's plan to save GM: bankruptcy, $30 billion

Obama's plan to save GM: bankruptcy, $30 billion (AP)
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President Barack Obama speaks about General Motors and the auto industry, Monday, June 1, 2009, in the Grand Foyer of the White House in Washington. (AP Photo/Charles Dharapak)AP - President Barack Obama pushed a humbled General Motors Corp. into bankruptcy on Monday and said the federal government will act as "reluctant shareholder" when it assumes a 60 percent ownership of the smaller carmaker that emerges.



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Post Date: Sat Jun 14 18:27:13 GMT 2025 / Post ID: #

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Obama's plan to save GM: bankruptcy, $30 billion

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