“‘It’s a slap in the face,’ said James Yarbrough, a retired accountant from Plano, Texas, referring to the 10 percent equity stake offer. Yarbrough has invested $158,000 in GM bonds, which he first bought in 1994. He regrets buying more bonds in 2008, when he thought GM was about to make a turnaround. ‘ This will probably force me to sell my house,’ Yarbrough said. ‘I’m going to fight until the end.’”
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