We already know that Robert Farago, of The Truth About Cars, is none too optimistic about GM's prospects (that he's written around 30,000 words under the "GM Death Watch" heading might clue you in to his feelings on the subject). Now, however, he's gone and called the General morte and points to the company's evocation of Dr. Elisabeth Kubler-Ross s Five Stages of Grief (denial, anger, bargaining, etc.) as partial evidence. He makes a strong, balanced case here, which may be bad for workers and suppliers (and their workers), but could be a boon for bankruptcy lawyers and executives with golden parachutes.
GM Death Watch XXXIII: GM RIP [The Truth About Cars]
The Truth About the GM Death Watch: Whistling Past the Graveyard [internal]