If GM goes bust the grounds may be redeveloped for residential/commercial use or something, and the workers will get zilch. If the workers decide they want to liquidate the company and reap the benefits from the redevelopment, more power to them. And Joelado has this theory that GM has all these workable blueprints for cool hybrids or fully electrical vehicles shelved away since the 1970's...

I just read the health and pension liabilities of GM are 4 times its market capitalization. Why not capitalize the liabilities and give the workers 80% of the resulting company? Or something like that, I'm not big on company finance, but I'm sure someone can work out the details.

guaranteed to evoke a violent reaction from police is to challenge their right to "define the situation." --- David Graeber citing Marc Cooper