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GM wants to borrow another $2 Billion

April 24, 2009 – 8:24 pm – No Comment
GM wants to borrow another $2 Billion

The sinkhole known as General Motors has decided that it needs to borrow another $2 billion from the U.S. Treasury to remain liquid while it tries to “restructure.”
The latest injection of funding means to date GM has received $15.4 billion in funding.
In a statement, the …