To: Clint N. Suhks
IIRC, Mittie wrote in the WSJ that the automakers should go bankrupt just can’t remember if he wanted the Feds to walk it though or not.
43 posted on
01/11/2012 3:32:09 PM PST by
Springman
(Rest In Peace YaYa123 and Bahbah.)
To: Springman
good memory...he wanted to declare BK, then pieces part it to a whole, represented by shares of some start value ,credibly.
To: Springman
GM should have gone into Chapter 11 and reorganized, renegotiated with the unions and cut the dead wood.
50 posted on
01/11/2012 3:44:08 PM PST by
Clint N. Suhks
(You cannot help the poor by destroying the rich: Abraham Lincoln)
To: Springman
Hi Springman!
59 posted on
01/11/2012 3:51:33 PM PST by
Fudd Fan
("The government solution to a problem is usually as bad as the problem." - Milton Friedman)
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