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Loan Modification

: Mortgage Lender Implode-o-Meter

GM to Become "Government Motors"

By Implode-Explode Heavy Industries

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"The clock is ticking for GM. If an agreement with the bondholders and the unions is not reached by June 1, GM is headed for bankruptcy court. If the deal is approved as currently on the table, the Treasury department would become GM's largest shareholder."

Full post as published by Mortgage Lender Implode-o-Meter on April 28, 2009 (boomark / email).

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