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Old 06-11-2010, 06:30 AM  
marketsmart
HOMICIDAL TROLL KILLER
 
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Join Date: Dec 2004
Location: Sunnybrook Institution for the Criminally Insane
Posts: 20,419
Quote:
Originally Posted by woj View Post
Bankruptcy isn't happening... it's obviously in no one's best interest to force them into bankruptcy... even if the costs add up to gazillions of dollars, it will get spread out over next 100 years...
and GM's bankruptcy was in who's best interest?

GM wiped out a lot of debt and their common shareholders and came out of bankruptcy with a 1st quarter 3 billion dollar profit...

it sounds like you based your comment without really understanding what chapter 11 re org is....





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