GM Considers Bankruptcy

GM Auditors Raise the Spectre of Chapter 11 according to an AP article posted on Yahoo.  

"The corporation's recurring losses from operations, stockholders' deficit, and inability to generate sufficient cash flow to meet its obligations and sustain its operations raise substantial doubt about its ability to continue as a going concern," auditors for the accounting firm Deloitte & Touche LLP wrote in the report.

Gee, who didn't see that one coming.