Tuesday, June 2, 2009

Michigan feels brunt of GM's bankruptcy | The Detroit News | detroitnews.com

Michigan feels brunt of GM's bankruptcy | The Detroit News | detroitnews.com

Pontiac: The announcement that GM's Assembly and Stamping plants in Pontiac were on the list piled more bad news on an already struggling city. Pontiac's state-appointed emergency financial manager, Fred Leeb, said the shutdown of the East Assembly Plant will cost Pontiac about one-fifth of its $50 million general fund.