Bankruptcy Judge Approves GM Sale
General Motors won permission late Sunday night from a federal bankruptcy judge to sell its assets to a new government-backed company, setting the stage for the largest U.S. carmaker to complete a historic restructuring plan that is at the heart of the Obama administration's efforts to overhaul the ailing auto industry. Full Story »
Posted by Samuel W. Velsor IV
The long expected approval has been approved. Now the appeals, I bet to the Supreme Court by the tort holders and others. I feel this is so wrong and I hope GM wins like Chrysler did. But the Supreme Court left these specific questions wide open!