GM Leaves Bankruptcy

GM is emerging from bankruptcy today, free of debt, under modified contracts and with the president’s approval.

It was in Chapter 11 for 40 days.

The federal government controls a 61% share of the new, leaner company.

gm_logo_285

Meanwhile, some jerks are organizing a boycott of the company, as if it didn’t have enough problems.

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Filed under Featured, U.S. Auto Industry

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