It's not the current 140,000 employees......it's the 600,000+ retirees that are on life support of Xanax, Viagra, and Lipitor. Bless their hearts, but they are the ones that were promised more than what the "mothership" could afford. They don't have 140,000 employees, they have 740,000 employees and most of them don't produce a product.
THEY can fail and they should. I am fine with the market crashing, but it won't. It may go down, but GM declaring bankruptcy would be the best thing that happened to that company in its storied companies history. It keeps the markets real.....
There is NOTHING wrong with failure, NOTHING. They'll have a chance to re-emerge, but their company should look nothing like it currently does.