Is General Motors going bankrupt?
GM has made a plea for a financial bailout. They have to present a restructuring plan to Congress on 2/17/09 on its viability.
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About General Motors Bankrupt
One of America's largest car producers, General Motors, filed for Chapter 11 bankruptcy protection on June 1, 2009 and promptly began reorganizing the company as a whole in hopes to protect it from further debt.
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Related Questions about General Motors Bankrupt
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Why did General Motors go bankrupt?
There are a variety of reasons why General Motors went bankru...
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When did general motors get out of bankrupt?
General Motors pulled out of its bankruptcy status during the...
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No, GM is not bankrupt at this time. ChaCha on!
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Who owns General Motors after they went bankrupt?
The current shareholders still own GM. However as a part of t...
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Did general motors stock become worthless when the company went bankrupt?
General Motors roared back into the stock market last week ju...
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