As part of a plan to make General Motors more manageable and give a majority ownership stake to the government, GM today filed for Chapter 11 bankruptcy protection.
President Obama has a scheduled speech for around noon to address GM’s future and it’s impact on everyday people. Here’s more.
In the meantime, an letter to the editor in today’s Spokesman-Review says the answer to saving GM is for the company to start producing an electric car that company managers originally said would never work. Here’s the letter.