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A Quick Bankruptcy for GM?
Maggie's Farm found this 4/14/2009 on meganmcardle.theatlantic.com
I'm struggling to understand how the government thinks that it can get GM in and out of bankruptcy in the blink of an eye. In a "prepackaged" bankruptcy, where there's substantial agreement among the parties, that may be possible. But neither the unions nor the bondholders show any ...