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Eisboch[_4_] Eisboch[_4_] is offline
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First recorded activity by BoatBanter: Dec 2008
Posts: 1,521
Default Latest on GM unheavals...


"HK" wrote in message
m...



Damned company ought to be delisted. It is worthless.



Weren't you in favor of keeping them alive not long ago in the best
interests of the union workers who would become otherwise unemployed, not to
speak of certain loss of retirement benefits?

I keep repeating myself. Chapter 11 is the way to go. It would allow
renegotiation of *all* contracts including debt, suppliers and union under
the guidance of a federal bankruptcy court to ensure fairness.

It also appears that the White House is finally coming around to the same
conclusion.

Eisboch