GM staring into abyss; industry seeks help Bankruptcy a possibility, would be devastating to economy, analysts warn ANALYSIS By Roland Jones updated 2:39 p.m. PT, Fri.,
Nov. 7, 2008 For mighty General Motors, the news could hardly be worse. The nation's biggest automaker said it lost $2.5 billion in the latest quarter as it was slammed by a slowing economy, global credit crisis and ...