Its an annual audit, the situation did not exist before so this would be the first audit that occurred since GM ran into serious trouble. All I am saying is that this audit statement formalizes something that was already well known and widely reported. Even GM management has said as much (if they don't get a bailout they will have to file).
For sure and I agree with you. I am trying to make a point that, due to the process being largely political at this point, the formalization of the obvious is meaningful, at least to me.