GM CEO won’t rule out bankruptcy
GM CEO Fritz Henderson talked to CNN’s John King about the possibility of bankruptcy for the auto maker. “You can’t rule options off the table. So you basically say, ‘We’ll spend time to get it outside of bankruptcy, but if we can’t we’re not going to compromise goals we’ll get it done inside of a bankruptcy,'” he said.
This video is from CNN’s State of the Union, broadcast Apr. 5, 2009.