The probability that GM will have to file for bankruptcy protection is increasing as the government-imposed deadline draws nearer. And it’s also likely that the company will relocate their headquarters, leaving the Motor City behind. GM CEO, Fritz Henderson, says the company is looking at everything within its business, but “it’s not like we have that queued up at the top of our list”. GM really has a lot on their plate right now and they need to complete these tasks they have on hand quickly. Time is ticking away…The probability that GM will have to file for bankruptcy protection is increasing as the government-imposed deadline draws nearer. And it’s also likely that the company will relocate their headquarters, leaving the Motor City behind. GM CEO, Fritz Henderson, says the company is looking at everything within its business, but “it’s not like we have that queued up at the top of our list”. GM really has a lot on their plate right now and they need to complete these tasks they have on hand quickly. Time is ticking away…
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