Eisboch wrote:

"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


Delisting is not the same as killing.

Oh...and the unions already offered up tremendous concessions.

GM needs massive restructuring with an entirely new management team. The
corporate bozos in there now need to go.