What Does This Mean For China?

In December 2008, President George W. Bush threw a $50 billion lifeline to General Motors, which had been struggling (along with other American automakers) in the wake of the global economic downturn that started in 2007. Unfortunately, that help did not do much to keep GM from filing for Chapter 11 bankruptcy in June 2009. As a part of the corporate restructuring that usually follows a Chapter 11 filing, the U.S. Treasury Division agreed to loan the corporate another $30 billion — in alternate for a 60-% stake in the corporate once it bought again on its ft [source: ProPublica]. By the following month, the newly reformed GM was prepared to start operations as soon as extra.

When Aldrin joined Armstrong on the moon’s surface, they exchanged feedback concerning the scene, with Armstrong responding «Magnificent sight out right here» and Aldrin including, «Magnificent desolation.» This friendly exchange belies Aldrin’s resentment over being the second one out of the lunar module; an authentic plan had him going out the door first, making him the primary man to step on the moon.

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