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OswaldoA 3/15/2009 10:11:00 PM

While reading this article I used to recall that General Motor Companies posted losses so heavy for the last quarter that they actually lost more money per minute than the average household income. General Motors is an American institution.  However, the calls for it to simply lapse into bankruptcy and restructure completely have increased as General Motors is seen as a money pit for taxpayer funded bailouts.  The whole thing looks like a company on the brink, desperate for government funding to keep it afloat.  Several divisions of the company have been jettisoned. One last bailout might not be enough to save General Motors .

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