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GM files for bankruptcy

Jun. 1, 2009
CEO Fritz Henderson hails the move as 'a defining moment in the reinvention' of the company. The U.S. government will provide $30.1 billion more in taxpayer funds and take a 60% ownership stake. General Motors Corp., long the symbol of American might and lately a stark reminder of the nation's...
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President Obama awards the Presidential Medal of Freedom in Washington
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President Barack Obama awards the the Presidential Medal of Freedom to singer/songwriter Bob Dylan during a ceremony in the East Room at the White House in Washington on May 29, 2012. The Medal of Freedom is our NationÕs highest civilian honor, presented to individuals who have made especially meritorious contributions to the security or national interests of the United States, to world peace, or to cultural or other significant public or private endeavors. UPI/Kevin Dietsch