GM's proposal would give bondholders next to nothing - USATODAY.com

GM's proposal would give bondholders next to nothing - USATODAY.com: "General Motors' (GM) bond-exchange proposal Monday will play out as high drama this month. It's a showdown between unhappy bondholders and the company's willing-to-file-for-bankruptcy new CEO. And it could get bumpy.On Monday, GM told bondholders they're about to get next to nothing — about 10% equity in the company — for the