Well not exactly, but in a unprecedented move GM announced that its so desperate for cash that the company will try to borrow about $500 million using the Renaissance Center as collateral. The Center was paid off in May, but with funds hard to come by due to the credit crisis this move could free up some much needed working capital. And if it doesn't workout, it could cost the company its headquarters. Of course a move of this size would need approval of the board and pension, both of which could be hard to attain.
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