GM can't do a BK like Chrysler because they were privately held company..IMO
BK for GM would set the economy back Years with all the implications with Parts co.and dealers and bond holders for School dist and pension funds ETC
Local communties would go BK with loss of tax rev's.
Well i was essentially quoting from yesterday's headline which said it would be next to impossible to avoid Chryslers fate. Too little time to do otherwise. Like said before lets wait and see.
By following the Chrysler model I am talking about a "quick" bankruptcy.