Wasn't avoiding bankruptcy the reason we gave GM so much money….? now the govt thinks they should enter into Chapter 11.Some even say that if they enter Chapter 11 they will never come out.If the business model is that weak, do you think they deserve to be in business anyway?
March 1st, 2010 at 5:27 pm
Wasn't avoiding bankruptcy the reason we gave GM so much money….?
now the govt thinks they should enter into Chapter 11.Some even say that if they enter Chapter 11 they will never come out.If the business model is that weak, do you think they deserve to be in business anyway?
http://www.foxnews.com/politics/2009/03/08/republicans-gm-declare-bankruptcy/
March 1st, 2010 at 10:29 pm
Personally, we should have held off. By now, the govt. could have bought GM outright for the same amount of money.
Fire all the executives and union leaders and start the company over.
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March 1st, 2010 at 10:31 pm
let all the dealers and banks file chapter 11 and start over and that includes AIG (the company to big to fail.)*
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