To: Eric in the Ozarks
This can only happen in the context of Chapter 11. Something GM should have declared in 2005, when they still had some time and some cash. Now I fear it’s too late even for this.
37 posted on
10/26/2008 9:48:11 AM PDT by
jalisco555
("My 80% friend is not my 20% enemy" - Ronald Reagan)
To: jalisco555
They should’ve taken a long hard nasty strike back in the 1980s and resolved many of the work rule issues that bedevil the company. Their cars sucked then, so why not ?
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