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Text size [+][-]  Saturday March 20 2010GLOBAL EDITION

Considered view
01 Jun 2009 20:55

Eating words in Detroit

Context News

General Motors filed for Chapter 11 bankruptcy protection on June 1st. The US and Canadian governments are providing some $30bn in debtor-in-possession financing. GM expects to emerge from bankruptcy in 60-90 days

 

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The carmaker’s executives have been denying the need for bankruptcy for as long as Breakingviews has been advocating it as a way to restructure the troubled carmaker. Herewith, we’ve compiled a selection of comments – both bullish and bullheaded – since late 2005.

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