GM's accelerated bankruptcy ends: Was it long enough?


As GM exited bankruptcy today, the nation's largest automaker -- once the world's largest -- beat its rival Chrysler by two days. The lingering question is whether GM's fast-paced turnaround took long enough.

In forty days, the company has, allegedly, transformed itself from a lumbering twentieth-century behemoth into a sleek, competitive company for the new millennium. It has shed 4,000 white-color jobs, including 450 of its top executives, streamlining its bureaucratic structure.