General Motor Corp. will emerge from bankruptcy "quickly and as a stronger and more competitive company." At least that's what President Obama projected in his Monday address on GM's Chapter 11 filing. In fact, the administration has stated GM could emerge from bankruptcy as early as this summer.
But as an appeal filed Monday to halt the sale of Chrysler LLC to Fiat SpA shows, roadblocks to a smooth bankruptcy ride can emerge at anytime. In this edition of Inside The Deal, Peter Kaufman, president and head of restructuring and distressed M&A for the investment bank Gordian Group LLC, says opposition to a GM reorganization could be larger, more organized and more vocal than Chrysler dissenters. And that will have plenty to do with how quickly GM can emerge. See the video below or download it at
iTunes.
- Suzanne Stevens 
Time will tell how GM emerges from this. All I know is that I won't lose any more money to them.