Biz: General Motors sounds like they’re on their last legs
- The failure to obtain sufficient funding from the U.S. government or governments outside the United States may require us to shrink or terminate operations or seek reorganization for certain subsidiaries outside the United States.
- General Motors • In a filing to the federal government regarding the health of their company. The company says it may have to go into bankruptcy to stay afloat, which, considering their size, would probably not be healthy for the economy at all. Michigan is screwed. • source