 BBC News | Bankruptcy Plan Could Split General Motors WXYZ, MI The bad assets could include Hummer, Pontiac and underperforming factories. The "controlled" bankruptcy would be similar to what happened when financial giant Lehman Brothers failed late last year. A day after filing for Chapter 11 protection, ... Video: Fairfax Workers React To GM Shakeup Dealerships Worry Auto Plans Will Hurt Image  Comment by Gary Chaison Prof. of Industrial Relations, Clark University |