
NY Times: GM reaches an agreement with bondholders offering them up to a 25% stake in exchange for not opposing the reorganization plan.
Plus: TIME on why taxpayers might be about to foot a $100 billion bill for the troubled automaker.

NY Times: GM reaches an agreement with bondholders offering them up to a 25% stake in exchange for not opposing the reorganization plan.
Plus: TIME on why taxpayers might be about to foot a $100 billion bill for the troubled automaker.