GM Says Bankruptcy A Possibility
WTTG FOX 5 Washington, DC
Apr. 02, 2009. 08:44 AM EST
General Motors' interim board chairman says bankruptcy remains a "possibility." Kent Kresa ... More »
General Motors' interim board chairman says bankruptcy remains a "possibility." Kent Kresa says he would not look forward to a bankruptcy filing, preferring a "more predictable process." But he says the company has not reached the cost-cutting agreements it needs and must work quickly with the United Auto Workers union and bondholders. « Less
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