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Wednesday, May 27, 2009

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How the government will help GM

GM car ads in Times Square

Steve Chiotakis talks to Dan Grech about what happened -- or what didn't happen -- with the deal between GM and bondholders, and what the government will do as a major hands-off stakeholder in the company.

General Motors car ads on display at Time Square in Manhattan (Emmanuel Dunand/AFP/Getty Images)

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  • By Kevin Shimokawa

    From Denver, CO, 05/27/2009

    Are these bondholders going to go straight to AIG on June 2nd to collect that $27billion?

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