Shares in General Motors collapsed this week to their lowest level in 50 years when a leading bank said the car giant could become bankrupt.
John Murphy, a leading analyst at Merrill Lynch, said: "Bankruptcy is not impossible if the market continues to deteriorate and significant incremental capital is not raised."
The
share price closed at $9.98 on Wednesday, compared with a high of $93.60 in April 2000....
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