Thread: GM next?
View Single Post
  #3   Report Post  
posted to rec.boats
Canuck57[_7_] Canuck57[_7_] is offline
external usenet poster
 
First recorded activity by BoatBanter: May 2009
Posts: 41
Default GM next?


"Eisboch" wrote in message
...

Interesting prospective on the UAW...

http://seekingalpha.com/article/1366...e?source=yahoo


I think he overstates the CAW/UAW in holding any cards. They are holding a
bluff hand.

Bond holders hold the cards. Lets see how they play them. Even the
Chrylser deal is at risk as not all bond holders have been suckered into
pennies on the dollar.