GM bankruptcy a foregone conclusion?

Light & Medium Truck | Report: U.S. to Steer GM toward Bankruptcy

Report: U.S. to Steer GM toward Bankruptcy

By Light & Medium Truck

The Obama administration is preparing to send General Motors into bankruptcy as early as this week under a plan that would give the automaker tens of billions of dollars more in government loans as it works to restructure its operations and relieve its heavy debt load, The Washington Post reported