Monday, February 16, 2009

GM considering Chapter 11 - Forclosure picture wins award

GM considering Chapter 11 filing, new company: report

General Motors Corp, nearing a Tuesday deadline to present a viability plan to the U.S. government, is considering as one option a Chapter 11 bankruptcy filing that would create a new company, the Wall Street Journal said in its Saturday edition.


US foreclosure image is 2008 World Press Photo

A picture of an armed sheriff moving through an American home after an eviction due to a mortgage foreclosure was named World Press Photo of 2008 on Friday.

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