RPT-ANALYSIS-GM bankruptcy threat could break talks impasse

Newswire

(Repeats analysis first released late on March 30) * GM bankruptcy threat puts pressure on * GM now open to a court-supervised bankruptcy * GM bondholders willing to take equity if plan viable * GM shares plunge 25 pct By Poornima Gupta DETROIT, March 30 (Reuters) - General Motors Corp and Chrysler LLC were both put on notice by the Obama administration on Monday and markets reacted with dismay to the specter of bankruptcy for the troubled automakers that could wipe out equity ...

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