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Loan Modification

: Mortgage Lender Implode-o-Meter

GM Awaits Fate as Bondholder Votes Are Tallied

By Implode-Explode Heavy Industries

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" -- General Motors Corp. on Saturday readied for a bankruptcy filing amid signs that a majority of its largest creditors had backed a revised debt-equity exchange, a move that would potentially smooth its progress through court."

Full post as published by Mortgage Lender Implode-o-Meter on May 31, 2009 (boomark / email).

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