According to the company's auditors GM has "Going Concern" Risk...
Is anyone surprised...I have been saying that GM and Chrysler need ch11 bankruptcy to REORGANIZE. Even a merger to a leaner, meaner firm would be the best think..
Funny this news hits as Ford says they are actually retiring debt and making important corporate decisions to remain as a viable company.
posted by Peter Greene
10 Weekend Reads
16 hours ago
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