The Courts Have Wiped GM And Chrysler Books Clean?
Does This Mean GM And Chrysler Credit Rating Will Rise And Be Able To Sell Shares To The Public?
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I believe that the debts were either modified but not eliminated completely. That is why the bankruptcy proceedings went so fast.
by pgrundy 14 years ago
Does anyone else think this is getting out of hand? I read yesterday that GM will close 5 more plants and lay off 20,000 more U.S. workers but they need $14 billion to do it. How many jobs could we lose for $28 billion? How many billion do we have to fork over to get them to eliminate ALL the jobs?...
by phion 10 years ago
Taxpayers pay for $49,000 of the $89,000 dollars it cost to build a Chevy Volt. Sound like a good deal to you? That President Obama really wasn't joking when he said energy costs will have to sky-rocket was he? What a joke. See what happens when we rely on government?
by ga anderson 10 years ago
Here is some food for thought for all those that think objections against laws and regulations - based on the old "slippery slope" or "give them an inch and they will take a mile" arguments are nonsense.In addressing this from a "common sense" approach, I'd say...
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