View Single Post
Old 12-08-2008, 10:03 PM  
sltr
Confirmed User
 
Join Date: Dec 2002
Posts: 3,191
a company won't instantly vaporize if it fails. many companies have proven that bankrupcy and restructuring can turn them back into profitable businesses.

setup new bankrupcy rules for the auto makers, let them fail, if that happens, and then let the banks with their 700 billion bailout cash loan them money under the new terms.
sltr is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote