[Centurion2000]

I didn’t it was 60 MILLION not 60 BILLION the article is WRONG

Really now? Can you please post the alterante sources that show that? Thanks in advance.

[Jet Jaguar]

Bankruptcy judge mulls Chrysler plan, GM talks loom

http://www.washingtonpost.com/wp-dyn/content/article/2009/05/05/AR2009050500764.html

By Emily Chasan and David Bailey
Reuters
Tuesday, May 5, 2009; 7:37 PM

[Jet Jaguar]

http://online.wsj.com/article/BT-CO-20090505-721297.html

UPDATE:GM:Hasn’t Reached Agreement For Treasury Debt Conversion

“The auto maker said in the filing it may offer one share of new stock for every 100 currently held by shareholders in a reverse stock split as part of the deal.”

[rightwingintelligentsia]

The AP story posted on Forbes today also says 60 billion.

http://www.forbes.com/feeds/ap/2009/05/05/ap6382449.html