Shares of General Motors plunge after a report that the U.S. Treasury is directing the automaker to lay the groundwork for a bankruptcy filing by June 1.

Further Reading

• GM Cuts, but Clock Ticks Loudly (1)
• China Automaker’s Shine at Show (0)
• The Most Depression-Proof Stock Ever (0)
• Gold Will Go Higher (2)
• Farmer Seeks Loans from Customers (0)

Tags: Bankruptcy, GM, video

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