Will GM soon stand for ‘Government Motors? »
Posted By pagey 6 months, 3 weeks ago in Business & FinanceUnder a restructuring plan put forth this week by GM, the ailing automaker would give majority ownership to the federal government to stave off bankruptcy. That handoff would amount to an extraordinary partial nationalization of the maker of Buicks, Cadillacs and Chevys that has been an independent company since 1908.
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