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Trading > Calculated Risk

GM: Bankruptcy "More Probable"

Calculated Risk... | Mon, 05/11/2009 - 2:12pm | Bankruptcy, GM bankruptcy, GM going down, The General surrenders |  4 comments

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“Certainly the task that we have in front of us is large, but we know that we can get it done. Today it’s more probable that we would need to resort to a bankruptcy process. But there’s still a possibility and an opportunity for it to be done outside of a bankruptcy.” GM Chief Executive
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