ANALYSIS-GM options grim as it returns to Opel quagmire


* Local bankruptcy a possible option for Opel -analyst * Opel labor: no job cuts, plant closures until 2015 * Magna, Fiat not interested in another run at Opel By Ben Klayman and Christiaan Hetzner DETROIT/FRANKFURT, Nov 22 (Reuters) - As General Motors Co Vice Chairman Steve Girsky takes the wheel at struggling German brand Opel, he had better fasten his seatbelt. Options for restructuring Opel range from bad to worse and could include a form of bankruptcy, analysts and bankers ...

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