Friday, January 2, 2009

General Motors gets first tranche of US loan

"The treasury today finalized the loan transaction for GM and funded the first tranche of $4 billion,'' said Treasury spokeswoman Brookly McLaughlin in a written statement.


The funds are the first portion of $9.4 billion in low-cost loans that GM is expected to receive from the government…..

Read Full Article General Motors gets first tUS loan

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