Quote: "It's just been reported that Obama is steering GM into Bankruptcy as early as next week, whether the bondholders get a deal or not."
Now they're saying they won't.
"WASHINGTON [[Reuters) - The Obama administration has no plans to push General Motors Corp into bankruptcy next week and the outcome of the automaker's restructuring efforts may not be known until a June 1 deadline, a source familiar with the situation said early on Friday."
http://finance.yahoo.com/news/US-to-...&asset=&ccode=
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