General Motors Corp. plans to file for Chapter 11 bankruptcy protection June 1 and seek a sale of most of its assets to a newly formed company, people familiar with the plan told Bloomberg News. The automaker, which celebrated its 100th anniversary last year, will get U.S. Treasury financing while seeking the asset sale.
It can be. You might see a headline like this:"Investors said 'Thank god, it's over!' and stocks rally as Government Motor finally filed bankruptcy."
maserati 发表于 2009-5-28 14:05
bull not done yet, any news can be taken as good news.
It can be. You might see a headline like this:"Investors said 'Thank god, it's over!' and stocks rally as Government Motor finally filed bankruptcy."
maserati 发表于 2009-5-28 13:05
Or, Uncertainty looming ahead of GM bankruptcy. Market drift lower as worries grow on economy, unemployment and housing futures.