Has Detroit's "Titanic" Finally Struck An Iceberg?
When America's most powerful and recognizable auto maker starts selling off assets and handing out pink slips like hot cakes it isn't a good thing. Yes, General Motors needs help and needs it bad, but are investors willing to sink more money into a ship that looks like it's heading to the ocean floor? If they don't get the monetary support they need, how long until they file for Chapter 11?
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