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GM Filing Ch. 11 Bankruptcy Monday in New York

General Motors Corp. president and Chief Executive Officer Fritz Henderson will hold a mid-day news conference from the GM Building in New York on Monday, the day the 100-year-old automaker is expected to file Chapter 11 bankruptcy.

GM, which has lost nearly $90 billion since 2005, is expected to file bankruptcy in U.S. District Court in New York, where rival Chrysler LLC is undergoing a court-ordered restructuring. President Barack Obama also plans to address the nation Monday on GM’s planned court restructuring.