GM Bankruptcy Plan: The Facts (SLIDESHOW, POLL)

07/02/2009 05:12 am ET | Updated May 25, 2011

The Obama administration released its plan to create the "new" GM last night. The plan will give the government a 60 percent stake in GM, thus giving the company the new nickname "Government Motors."

Below is a slideshow that breaks down the restructuring plan. Tell us, by voting, what you think of the steps the Obama administration is taking.

GM Bankruptcy Details