  It is shown, using sutured manifold theory, that if there are any 2-component
counterexamples to the Generalized Property R Conjecture, then any knot of
least genus among components of such counterexamples is not a fibered knot.
  The general question of what fibered knots might appear as a component of
such a counterexample is further considered; much can be said about the
monodromy of the fiber, particularly in the case in which the fiber is of genus
two.
