http://www.bloomberg.com/news/2010-12-10/general-motors-determined-to-not-repeat-mistakes-after-ipo-akerson-says.html

By Jeff Plungis; Bloomberg ~ Dec 10, 2010

General Motors Co. used a government rescue to transform into an agile business determined not to repeat its past, Chief Executive Officer Dan Akerson said.

Bankruptcy once was unthinkable for GM, which had half the U.S. auto market, Akerson said in a speech today at the Economic Club of Washington. “We are humbled by our near-death experience,” he said.