By Mark Memmott

President Barack Obama is this hour speaking about General Motors' bankruptcy filing, the company's future and the $30 billion of additional financial assistance the federal government plans to give the automaker.

National Public Radio is providing anchored coverage of the president's comments, starting at 11:40 a.m. ET. That coverage will be broadcast on many NPR stations (click here to find a station near you) and is being webcast here: Listen Live: Obama's Remarks

Also speaking this hour: GM CEO/President Frederick "Fritz" Henderson.

We're live-blogging their remarks in this post. Just click the "play" button below and our updates should flow in automatically:

Update at 1:30 p.m. ET. Here's a clip of the president, speaking about why he believes the government will not be running GM:

categories: Business

11:28 - June 1, 2009

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