General Motors, as expected, filed for bankruptcy protection this morning.  This comes on the same day that Chrysler appears set to emerge from bankruptcy protection--just 31 days after filing.  GM hopes to reemerge in 60-90 days.  Michigan Governor Jennifer Granholm told CBS's Early Show that she hopes Chrysler has "pav[ed] the path for emerging from bankruptcy in record fashion," and that today marks the end of "a slide that's been occuring since the year 2000":

General Motors, with $91 Billion in assets, is now the largest manufacturer to go bankrupt in US history.  The automaker comes in at number 4 overall.  Five of the top 10 bankruptcies have come since the beginning of the crisis last September:

CNNMoney.com has put together brief synopses of the top ten bankruptcies.  Read The 10 Largest U.S. Bankruptcies here.