Larry Oliver, a retired General Motors Corp. employee, waits

UNITED STATES - JUNE 01: Larry Oliver, a retired General Motors Corp. employee, waits to talk to his benefit representative outside the United Auto Workers (UAW) Local 594 union hall in Pontiac, Michigan, U.S., on Monday, June 1, 2008. General Motors Corp. (GM), the world's largest carmaker until its 77-year reign ended last year, filed for bankruptcy protection in the U.S. with a plan to create a 21st-century company that can compete in world markets. Oliver, who worked 32 years for GM, is wondering whether he should make his next car payment or use the money to pay for funeral insurance. (Photo by Jeff Kowalsky/Bloomberg via Getty Images)