July 22 (Bloomberg) -- General Motors Corp. and Ford Motor Co., the two biggest U.S. automakers, have about a 46 percent chance of default within five years, according to Edward Altman, a finance professor at New York University's Stern School of Business.
Well of course they're 50/50 away from bankruptcy. They're making stone age cars. If they want to turn things around, come up with an affordable, gas-free vehicle that carries more than two people -- and do it within the next two years. Or... just keep making the F-150 and the H2 and see how things suss out. Who knows, maybe megaphone crooning will make a comeback, too.