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When will General Motors go bankrupt?

How close is General Motors to bankruptcy, the point where they've run out of money to meet their obligations?

How much time do they have left and will they depend on another bailout from the federal government if that happens?

The reason I raise the point is the news I just saw in the Detroit Free Press about how GM sales for February dropped an astounding 52.9 percent compared to the same month last year.

The article said that sales declined for every GM brand with Hummer leading the pack.

Will their news models help them climb back?

It's a drastic changing of the economic foundation for our country.


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