GM emerges from bankruptcy
Submitted by peter on 10 July, 2009 - 21:46.
Now this is a totally expected turn of events. GM is back and to the outside world it is pretty hard to understand what all the fuss was about. Even management seems to be pretty much as you were. Oh well, let's see if they can get things back on track. Good luck to them.
GM emerges from bankruptcy - At 6:30am ET, General Motors officially emerged from Chapter 11 bankruptcy protection. The Detroit automaker entered bankruptcy on June 1st, but was able to emerge is just 39 days, largely due to the blueprint laid out by Chrysler’s bankruptcy proceedings.
Company executives promise the new GM – which is majority owned by the federal government [...] [Left Lane]
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