Jack Nerad : Some say that a quick sale is best course for GM . He says bankruptcy will reduce production of GM cars , even with government warranty . The opinions expressed in this commentary are solely those of Jack R. Nerad . He says GM itself could be driven into bankruptcy by such a move . He says bankruptcy is being used as a hammer for GM to get concessions .
Jack Nerad : Some say that a quick sale is best course for GM . He says bankruptcy will reduce production of GM cars , even with government warranty . He says GM itself could be driven into bankruptcy by such a move . He says bankruptcy is being used as a hammer for GM to get concessions .