Jack Nerad : Some argue that a quick bankruptcy is best course for GM . The likely bankruptcies of supplier companies would have a ripple effect through the entire American vehicle manufacturing industry , causing hardships for the healthier companies as well . He says bankruptcy will reduce sale of GM cars , even with government warranty . Score: 6 He says bankruptcy is being used as a hammer for GM to get concessions .
Jack Nerad : Some argue that a quick bankruptcy is best course for GM . He says bankruptcy will reduce sale of GM cars , even with government warranty . Score: 6 He says bankruptcy is being used as a hammer for GM to get concessions .