General Motors
said Thursday in a regulatory filing that it had reached a deal
with a committee of its bondholders to give them 10 percent of a
new G.M. -- with an option to purchase up to 15 percent -- if they
did not oppose the government-sponsored reorganization plan.
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Dunno..they played crap
Key Upside Levels to Note
Posted by ravun on 28th of May 2009 at 09:57 am
fwiw:
General Motors said Thursday in a regulatory filing that it had reached a deal with a committee of its bondholders to give them 10 percent of a new G.M. -- with an option to purchase up to 15 percent -- if they did not oppose the government-sponsored reorganization plan.