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Reuters: GM bondholders: Our plan best chance for automaker

Started by chris, March 17, 2009, 02:59:15 AM

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chris

GM bondholders: Our plan best chance for automaker
      
   
      


DETROIT (Reuters) - Advisers to bondholders of General Motors Corp said on Monday they have presented a framework plan to U.S. President Barack Obama's autos task force and the ailing No. 1 U.S. automaker that provides the company's best chance for an out-of-court restructuring.<div class="feedflare">
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