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Entries Tagged as 'Chapter 11'

How Will General Motor’s Bankruptcy Affect the Consumer?

June 4th, 2009 · No Comments · Bankruptcy, Consumer Info

General Motors, one of the largest U.S. automobile manufacturers, has been in business since September 16, 1908. The company filed for bankruptcy on June 1, reportedly the largest bankruptcy filing on record for a U.S. manufacturer. Affected consumers naturally have lots of questions and concerns regarding how this reinvention may affect their pensions, benefits, employment [...]

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