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General Motors is believed to be considering emergency moves to boost its liquidity, including the sale of Saab, its stake in GMAC, the finance business, and the sale and leaseback of its headquarters in Detroit.
WASHINGTON (Reuters) - Finance leaders from the world's rich nations pledged a coordinated response to the credit crisis on Friday but stopped short of backing a British plan to guarantee lending between banks.
By Bernard Simon in Toronto General Motors insisted yesterday it had no plans to seek bankruptcy protection in the face of mounting concerns in financial markets about the US carmaker's ability to continue funding its...
