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Within the online payday loans from direct lenders U. loans with no credit check in ga S., the UAW’s ratification of concessions, introduced Friday, will save GM $1. 3 billion per year. The newest deal freezes wages finishes bonuses and eliminates a few non-competitive work rules.
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The plan is for the federal government to consider a 60 percent possession stake in the new GENERAL MOTORS. The Canadian government would indeed take 12. 5 percent, using the United Auto Workers obtaining a 17. 5 percent share plus unsecured bondholders receiving 10 %. Existing GM shareholders are required to be wiped out.
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