Wednesday’s Web Link – DELPHI: GM files for Chapter 11 as Delphi says it’s emerging

Jun 3, 2009 The 2 Mortgage Guys Indiana Mortgage Blog, Local News 1 Comment Bankruptcy, Delphi, GM, Indiana, Kokomo, Parnassus Holdings, Platinum Equity

Delphi finally has a solution to emerge from bankruptcy!  Looks like GM will be buying back five of the plants and Parnassus Holdings, an affiliate of Platinum Equity will be taking over the rest of the company.  You can read the full article here.