‘Already Bankrupt’ GM Won’t Be Rescued by U.S. Loan (Update5) (Bloomberg)
‘Already Bankrupt’ GM Won’t Be Rescued by U.S. Loan (Update5) (Bloomberg) Dec. 12 (Bloomberg) — For General Motors Corp. , the question is no longer whether it will get a government loan or if Chief Executive Officer Rick Wagoner will be replaced. It’s whether anything can prevent the largest U.S. automaker from sliding into bankruptcy. [...]