nothing,
well nothing for GM and Ford upper management which is cool
recently there was an attempt to dump health care (not sure on pensions) onto the Joe Sixpack taxpayer via them marching onto the hill
hence by declaring bankruptcy, the big 3 can get rid of their albatross aka union dues health care(via gov provided universal care) and pensions(not sure how they cash out of those probably bankruptcy deal)
and the new ceos get a clean sleet to continue to destroy whatever emerges from chp 13 7 or some other odd number
so you pay thats the end result