Is time running out for General Motors?

General Motors


Given the opportunity to look into a crystal ball to reveal the future of any single corporation, it is pretty safe to assume that most credit investors would choose the world's largest auto manufacturer, General Motors (GM) - a name that roiled the credit markets last year and is set to be just as volatile in 2006.

That was the indication given by our straw poll of 20 investors across the range of pension funds, insurance companies, mutual funds, hedge funds and endowments. The response was

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