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01Malibu

Wagoner: GM not considering bankrupcy

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why the hell not? if any other company in the world lost 4.5 billion in a year, they would be working on the paperwork...

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Four or five billion is just a drop in the bucket. GM still has a lot of cash. Even if Wagoner was looking at bankruptcy as an option, he wouldn't tell the press, would he? This speculation is just bullshit. The media vultures are circling. They just love bashing stories to death. Even if it is a non-story. They don't report the news any more, they create it.

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