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 .
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 . Nerad says GM suppliers could be driven into bankruptcy by such a move . He says bankruptcy is being used as a hammer for GM to get concessions .