GM approaches bankruptcy

With bondholder interest too low, GM won’t proceed with the repurchasing of some $27 billiion of notes it sought, meaning it is on the brink of bankruptcy — which¬†should come next week with the U.S. government winding up owning 70 percent of the automaker.¬† School of Management Dean Louis Lataif, a former Ford senior executive, can offer an industry perspective

Contact Louis Lataif, 617-353-2668, lelataif@bu.edu

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