GM TO CLOSE MOST FACTORIES FOR SUMMER

Posted on 22 April 2009 by Mr. Harrington

This is huge.

Folks, if this is true, this just goes to show what a wonderful job donating taxpayer money did.

They will close most factories for nine weeks this summer.

UPDATE:  According to the Wall Street Journal, GM is to skip a $1 billion debt payment due June 1.

Could this all mean they’re planning for bankruptcy?

Read–Yahoo

Read–Wall Street Journal

Share and Enjoy:
  • Digg
  • Facebook
  • StumbleUpon
  • Twitter
  • Yahoo! Buzz
  • del.icio.us
  • Google Bookmarks

Leave a Reply

You must be logged in to post a comment.

Advertise Here
Advertise Here