U.S. Plan Sees Easing of G.M. to Bankruptcy. The government hopes to avoid court chaos by persuading at least some creditors to agree to a plan that would cleave General Motors into two pieces. [NYT > Business]
Tag Archives Global Financial Crisis – GFC
OECD figures show 'flash flood' stimulus not working. The Federal Opposition says the latest report on the world economy by the OECD shows that the United States is the only country to have spent more than Australia on economic stimulus packages. [ABC News: Breaking Stories]
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