ST Alpha - ""Are General Motors, Ford Motor and Chrysler LLC too big to fail? Or just too powerful?" -- (link)" (Reading a Post)

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"Are General Motors, Ford Motor and Chrysler LLC too big to fail? Or just too powerful?" -- (link)

Posted by ty97 Oct 29 '08, 06:52

(No message)

No, No, No. And No. (money.cnn.com)

Responses:

yes to both. if gm fails, how many people (worldwide) would lose there jobs - tRuMaN Oct 29, 07:07 4
- You ok bailing them out every 5-10 years forever? -- nm - ty97 Oct 29, 07:13
- and while a lot of that would get picked up by another company picking up the pieces, a significant number would fall through the cracks - znufrii Oct 29, 07:09 2
  - i think the unions are a huge problem in the car industry. no other industry gets that level of protection, so much so that it can be detrimental to - Halloween Candie Oct 29, 07:16 1
    - One reason that the Big 3 car companies are in trouble is because 30 or 40 years ago they didn't want to pay higher wages so... - Roger Morbid Oct 29, 07:25
they have lots of voters employeed in a year with an general election!!!! -- nm - DaneDukeNuuk Oct 29, 06:57 1
- *ding* - znufrii Oct 29, 07:07
All three of them need to go through bankruptcy - Brian Oct 29, 06:56 4
- don't forget the absurd medical costs each is also shouldering for both current and retired employees -- nm - decline Oct 29, 07:00 2
  - The are cutting my mom off in January. She's working on finding private insurance, but at 83 it's tough. -- nm - Amy of Darkness Oct 29, 07:05
  - unions, got to love em -- nm - deadmond Oct 29, 07:02
- *nods* -- nm - ty97 Oct 29, 06:56

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