BizJournals Portfolio
Feb 20 2009 10:07am EDT

The Swedish Solution

Is simply going bankrupt:

Saab went to a Swedish court for protection from its creditors, and said the company would -- with assistance from the Swedish government -- reorganize to pave the way for private investors to buy all or part of the company.

If it works for the Swedish bits of GM, why can't it work for the rest of the company too?

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