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  1. #1

    Default GM in talks on $5B credit line — source

    General Motors Co is in talks with banks to secure a $5 billion credit revolver as it prepares to file for an initial public offering of its stock this year, a source familiar with the plan said Friday.


  2. #2


    Wow, must be nice. Pay execs. millions while supposedly losing money, file bankruptcy, borrow millions, screw people who hold stocks, screw retiree pensions and benefits, pay borrowed money back in a year, we are making a profit, now lets sell stock. Every Company in American, take notice. Wow, must be nice.

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