GM is planning to file to for bankruptcy protection on Monday. The fate of this company and its employees has been in the minds of everyone, symbolizing the current economic downfall of which the US and the rest of the world is currently suffering. President Obama is to give a speech covering his support of this route GM has chosen to take. The company is to begin government support as soon as the bankruptcy has been filed. With bankruptcy being the plan for GM who knows what other major companies are planning.
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