GM BANKRUPT?

In November 2005 I wrote the followig in Hardblog.
Will General Motors go bankrupt?
The automobile industry in the United States, once pre-eminent in the world, is sinking, and showing signs of being diminished to a shadow of what it once was. No doubt there are many reasons for this, some economic, and some due to mis-management and poor product lines that fail to meet market needs.


http://hardblog-politicalandsocialcommentary.blogspot.com/2005/11/will-general-motors-go-bankrupt.html

Has it come to pass?

Edit. On June the 1st, 2009, it has come to pass. A sad diminishment of what this country used to be, before greedy fools took power.