2014 under the microscope

Bankruptcy Looms for GM As Bond Holders Agree To Swap Debt For Equity

DETROIT – MAY 31: A hand of a large sculpture extends near the General Motors world headquarters on the eve of a possible GM bankruptcy filing May 31, 2009 in Detroit, Michigan. GM President and CEO Fritz Henderson is expected to make an announcement tomorrow in New York concerning his company’s future. (Photo by Bill Pugliano/Getty Images)

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