General Motors Plans To Repay $6.7 Billion Loan By June.

The American automaker crafted a payment plan to repay its loan from the bailout. Only 15 days after Ed Whitacre took over as CEO, he announced that the company will repay  the loan by June or sooner. GM plans to sell some of its stock in the same line as Wells Fargo and Citi Group.

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Posted by J.Scott on Dec 15th, 2009 and filed under News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

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