GM Bondholder Committee Accepts Revised Deal

Yeah, well the small, individual bondholders still don't think it's a great idea, according to the Wall Street Journal

A separate group representing small individual bondholders who hold about 20% of the company's bond debt said Thursday the new proposal doesn't look much better.

"From what many of our bondholders have heard, it's still a bad offer because it only gives bondholders 10% of the company," said Sarah Jackson, a spokeswoman for the Main Street Bondholders.