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For what it is worth (which might be nothing) some analysts are talking about the odds GM going bankrupt. I think it said they now put it at a 30% chance. No idea how they came to that conclusion or who these folks are and of course this sort of thing is always sort of just spitting in the wind. Still who would have even thought such a thing about GM in the past. Sure they have had their problems but also the ability to weather alot. Just underscores how bad off.
They might want to keep SAAB but if they continue to slide everything will be on the table for consideration so who knows. Especially since I assume SAAB still bleeds the green stuff.
posted by 216.165.15...
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