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

Time's up

27 March 2009 By Antony Currie

Neither will meet restructuring targets by month s end. And for GM, more government loans may soon offset any gains gleaned from bondholder and union concessions, leaving it on the brink anyway. Forcing bankruptcy now might at least mean it could be ready when car sales improve.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)