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In response to
"I'm not convinced that if GM "fails", unemployment skyrockets. "
by
Dr.Vermin
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A typical bankruptcy situation is much smaller and financing is always needed during the reorganization
Posted by
Stewie (aka whysoserious)
Nov 14 '08, 15:36
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You might have noticed that financing is hard to come by these days, particularly when you're selling a product that 80% of consumers say they would not buy from a company that has declared bankruptcy.
GM and/or Ford fail and
"nothing disappears, the ownership merely changes."
sounds like the sequel to "the Iraqi's will welcome us with olive branches"
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Responses:
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