The voice on the other end of the line put it simply: Don't expect anything before June 1.
But the executive's tone spoke clarity and inevitability. There's not much "probable" about it anymore, folks -- General Motors Corp., barring some unforeseen miracle, will declare bankruptcy, altering forever the foundation of the Detroit and global auto industries.
To those routinely issuing predictions of the impending collapse even as they offer prescriptions they don't have to execute, this corporate reckoning was preordained long ago. And it was accelerated by a tanking national economy and the weary frustrations of Bailout Nation and its leaders.
To those families and communities who will be forced to live with the consequences, whatever their bit roll in the causes, these are the days they probably thought they'd never see -- and prayed they never would. But they will, as will their political leaders -- governors, senators and congressmen -- who failed to avert this outcome because their power is almost as spent as Detroit's financial options.
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