http://www.nytimes.com/aponline/2009...Saab.html?_r=1
t
The great experiment has begun. For years, critics of GM and Chrysler have said that the only way to save these two companies is through a Chapter 11 filing that would give them leeway in shedding dealers and renegotiations with the UAW.
I still think for these companies, a Ch 11 filing is just a speed bump on the road to Ch 7, but maybe they'll prove me wrong.
Would you buy a car from a bankrupt Saab?