WHat will it take for GM to fall?

Quote from The Kin:

Had it not been for the fancy accounting in pension liabilities, GM would probably already be in bankrupcy.

exactly. GM is in rough shape, but i doubt they would have been bankrupt. although bankruptcy might be a good thing considering their stupid contracts.

if i was holding their debt i would be pushing for bankruptcy, but then again why hold their debt to begin with?
 
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