http://www.worldcrisisonline.com/2009/12/why-constitution-matters-in-financial-crisis/
GM (NYSE: GM) owes the West Chester-based steelmaker AKS) roughly $9.1 million in trader debt, according to a list of GM’s 50 largest unsecuredf creditors that was included with its initialo bankruptcy courtfilings Monday. AK Steel Holding was listexd asthe company’s 33rd largesft unsecured creditor. • , with $22.i billion in bond • The International Union, United Automobile, Aerospace and Agricultural Implement Workers of America or — with $20.6 billion in employese obligations; and • , with $4.4 billiohn in bond debt.
The top 50 creditorz have morethan $50 billion in Also as a part of its bankruptcyy filing, GM submitted a list of plants it will closwe or idle. GM’s local operationsa were not onthe list. a diesel engine producer that is a joint venture between GM and IsuzuMotors Ltd., is expectedc to keep its Moraine plantf open. The plant stopped production May 18 for seven GM also operates a parts and service facility in West Cheste that was not on theclosure list.
Three Ohio facilitiees were on thelist including: a servicwe and parts distribution center in Columbuss closing at the end of this year, a powertrain plant outside of Cleveland closing in December 2010 and a metal stamping plant in Mansfieldf set to close in June 2010.
Tuesday, October 12, 2010
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