GM retirees bully bondholders with Obama’s help

General Motors Corp.'s likely bankruptcy filing is being cast in some quarters as a fight between "money people" intent on making a killing and honest efforts by the government to save a company and jobs. In reality, GM's demise comes down to a fight between retirees. On one side are GM's unionized retired workers. On the other, ...

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GM retirees bully bondholders with Obama’s help

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