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Thread: What if GM goes bankrupt?
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[quote=DREAMLIFE,339743]Due to the financial turmoil, US auto industry is in danger too. It is said that GM board has considered all of possible choices, even filing bankruptcy. Meanwhile, GM and other auto producers are trying to convince parliament, hoping getting aid from the country. GM made an announcement on Wall Street Journal on Nov. 21th, saying that the board did talk about bankruptcy but bankprutcy can't bring them huge amounts of capitals. And GM is trying its best to avoid bankcruptcy. What if GM really goes bankrupt? Will it trigger Domino Effect?[/quote]
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