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GM SELLS MORTGAGE DIVISION

 
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joela joela
Guru | Posts: 1139 | Joined: 03/06
Posted: 03/23/06
10:58 AM

"General Motors, the world's largest automaker, is losing money to Asian automakers. On Thursday, it announced that it will sell a majority interest in its commercial mortgage division to an outside investment group after it offered to buyout more than 115,000 hourly workers on Wednesday. Two guests discuss what this means for the future of General Motors and other auto companies."


http://www.pbs.org/newshour/bb/business/jan-june06/gm_3-23.html  

 
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