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[All-In-1-Min] 【整理】2009-05-26 Reuters Video News

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本帖最后由 incambrian77 于 2009-5-26 13:41 编辑

on incambrian77 ^0^
Just a day after General Motors won concessions from its major union, the United Auto Workers, the automaker won a similar cost-cutting deal from its Canadian labor union.

The deals to cut operating costs at GM’s North American factories help clear the way for the automaker to be steered into bankruptcy by the end of this month.

According to a spokesman, GM’s biggest bondholders(公债持有人; 债券所有人) who hold about 27 billion dollars of the company’s debt, plan to reject the company’s current offer for a 10% equity stake.

GM has been kept in operation since the start of the year with more than 15 billion dollars in emergency federal loans and has said it will need billions of dollars in additional financing if it moves into bankruptcy.

On Friday, the Washington Post, citing unnamed /re/sources, reported the Treasury would provide the company nearly 30 billion dollars in new federal loans. GM faces a June 1st deadline set by the Obama administration to restructure its debt and operations.


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