Cadi11ac / Cad11ac: The unfortunate (and rather tragic) combination of Chapter 11 Bankruptcy and GM's high-end, luxury vehicle division. Suggested pronunciation: cad-ih-eleven-ack or cad-eleven-ack.
References: No - we are not waiting with wicked glee for the bankruptcy of GM nor any of its divisions. This website is authored and edited by former Detroiters with relatives formerly employed (since retired) by GM. But (unlike the O-POD) we're fairly certain of the economic chaos that is sure to follow after this one. Actually, we're fairly depressed over it. GM bosses discuss bankruptcy plan, GM files for bankruptcy,announces plant closings and Interactive timeline: GM's road to bankruptcy.
Updated: Sunday, May 31, 2009, Monday, June 1, 2009
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