Quote:
Originally Posted by sltr
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.
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I agree but make sure that the fat cat executive are limited in the golden handshakes and share offers - its disgusting that some of these guys make more in a year than most of us of us make it a lifetime - they are not worth it!