The GM you knew last year, at the core of the auto-industry meltdown doesnt exist anymore.
In its place is a much more trim and nimble GM that is poised for success. (Click the image for larger view.)
Source:
http://www.dashboardnews.com/2010/11/23/a-closer-look-at-gms-chapter-11-restructuring/
General Motors has filed paperwork with the Securities and Exchange Commission outlining the total compensation schedule for Dan Akerson, GM's latest CEO, which calls for a total of $9 million to be paid in various forms over the next three years.
Source:
http://www.leftlanenews.com/new-gm-ceo-akerson-set-to-receive-9m-compensation.html
The Treasury confirmed that GM had repaid in full the $4.7 billion balance it owed under the government's Trouble Asset Relief Program, five years before the loan maturity date and ahead of an accelerated repayment schedule set last year.
Source:
http://www.reuters.com/article/idUSTRE63K09220100421?feedType=RSS&feedName=businessNews&rpc=69
