"The house of cards is on the brink and a default by GM could well flick the bottom card from under the pile and send unemployment sky rocketing in the US and the markets into a further tailspin as it hits the turbulance full force."
Your kidding right? an extension of the extension is fully priced in. GM shares are totally worthless zip zero nada without Govt backing. Of course It will survive. Old news thats fading on bloomberg and cnn as I type..Bigger new bad news out there to deal with
