We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Raising the stakes

18 February 2009 By Antony Currie

The ailing carmaker reckons bankruptcy would require a stonking $100bn or more making the extra $16bn of taxpayers money it wants look like chicken feed. GM s logic is untested. But if it jolts all stakeholders to take the necessary haircuts, it may yet serve a purpose.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)