Source says GM to file for bankruptcy before market opens
NEW YORK (Reuters) - A source with direct knowledge of the preparations says:
* General Motors Corp To file for bankruptcy before market opens on Monday in New York's Southern District
* GM to appoint Al Koch as restructuring officer to oversee liquidation of 'old GM' assets
* Governments of Canada, Ontario will take equity or debt position in new GM, details still being worked out
(Reporting by Tom Hals)
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Bolton bets on China
Top-performing fund manager Anthony Bolton says he plans to return to managing money next year, with a focus on the increasingly important Chinese market. Full Article
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