GM small bondholders cry foul over bond exchange

Newswire

* Small bondholders demand equal treatment * Say GM bond exchange offer is unfair By Nick Carey WARREN, Mich., April 29 (Reuters) - Individual bondholders of General Motors Corp on Wednesday lambasted the latest offer from the struggling U.S. automaker to exchange bonds for shares, saying they have been shut out of restructuring plans in favor of the U.S. government and organized labor. "What they've offered us is ridiculous," said Chris Crowe, 50, a Denver, Colorado-based home ...

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