What's wrong with this picture? The new GM promises repayment of loans. However, all those injured claimants will probably get nada, zero, nothing.
CEO:
The new General Motors will be far faster and more responsive to
customers than the old one, and it will make money and repay government
loans faster than required.
A bankruptcy judge has ruled that General Motors Corp. can sell the bulk of its assets to a new company, potentially clearing the way for the automaker to quickly emerge from bankruptcy protection.
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