What is the real possibility that GM will file for bankruptcy?

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I want GM to go under. They need to because they don't know how to manage their business properly. In my opinion if a company cant keep up with the competition then they deserve to go under.
 
Even IF they pull out of the mess they are in, some will never buy their products again...Just saying.
 
No very likely. The government will continue to prop them up in order to protect one of the biggest contributors to Democratic candidates, the UAW..
 
Unfortunately, most people do not understand how much money the big3 automotive pump into the economy. One reason the economy is failing now is that our industrial base is has er roded over the last 8 years to a point that we have lost a huge part of our tax base as penalized those industries that thrive serving the manufacturing sector.

No one is really happy about bailing out the automotive industry, but allowing them to fail would be so disastrous for the entire nation that it just cannot be allowed to happen this way.

In reality, this crisis is NOT the fault of the automotive industry, or at least not because of overpaid workers and poor quality. That is a myth.
 
The possibility is very real. I cannot imagine the kind of panic that could result from a company that affects so many would have on the market.
 
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