GM bankruptcy trial ends
The primary phase of the GM bankruptcy proceeding has ended. Attorneys for the automaker and a myriad of creditors and affected parties wrapped up their closing arguments today with the creditors telling the judge to slow down the process and resolve all the potential problems first and the automaker arguing that the sale must be approved immediately: Earlier today a lawyer representing GM’s small bondholders urged a judge to call the government’s bluff that it will stop funding the autom