?Green shoots? mania continues ? Markets await ?stress test? results on May 4th and outcome of GM debacle. U.S markets take well to positive Apple numbers.
GM has announced that its June deadline for payment of it?s debt is unrealistic ? in other words ? without government intervention bankruptcy filing is imminent. This doesn?t bode well with the general market sentiment as all GM creditors would feel a tight squeeze ? not to mention the countless suppliers and workers that would be out of a job. Luckily the U.S Government understands this and is…