Share 'GM Bankruptcy Plan Approved - Boost For Cash for Clunkers?'

Working through the weekend, Judge Robert Gerber announced his approval of the proposed GM Bankruptcy Plan yesterday. With this announcement, consumers may feel better about purchasing a GM car with their Cash for Clunkers rebate monies. According to Judge Robert Gerber the plan was the only way to preserve GM's business. The plan will now allow GM to create a new company minus a truckload of deb…