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That's why I believe a pre-packaged bankruptcy is the way to go. In a nutshell it means that anyone who has anything to do with GM agrees to a collective plan and sticks to that plan when chapter 11 is declared.
It is possible to come up with a plan that everyone can live with so that GM can continue to do business but without all the debt and commitments which cause it to burn through 4 billion a month.
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