I agree, C-11 is GM's best alternative. The Management policies and Labor contracts have brought GM to this position. Reorg. is their only option to bring things back in line with today's economy and auto market. We (taxpayers) can not afford to keep giving them $, it is like throwing it down a rat hole.
AIG should also consider C-11. It is incredible how much we have given them to stay afloat.
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