Magna Founder Stronach Found Guilty of Sexual Assault, CBC Says

Frank Stronach, chairman of Magna, speaks to the media following a meeting at the German Federal Chancellery in Berlin, Germany, on Thursday, May 28, 2009. General Motors Corp., the world's largest automaker for 77 years, will file for bankruptcy today, and emerge with majority ownership by taxpayers and liabilities reduced by more than 50 percent, the U.S. government said. Photographer: JOCHEN ECKEL