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To: Real Man who wrote (387234)5/28/2009 12:39:18 PM
From: Trumptown  Read Replies (1) | Respond to of 436258
 
hmmm...one last 'ray of hope' squeeze on the way?...

<<General Motors Corp. says a committee of bondholders has agreed to a sweetened deal to erase some of the automaker's debt in exchange for company stock. A person familiar with the deal said that it is probable GM will file for bankruptcy protection. The person asked not to be identified by name because discussions are still under way with the U.S. and Canadian governments and there is a small chance that the company could avoid a Chapter 11 filing.>>

finance.yahoo.com