Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Las Vegas Ron
Maybe I just don't understand, but what's the problem with filing Chapter 11 (reorganization)?

Lots of companies successfully navigate Ch 11 and keep right on doing business.

It looks like it would be particularly advantageous here because GM would be able to shed some onerous obligations, especially bloated union programs that pay people not to work.

82 posted on 12/12/2008 7:27:44 AM PST by AnAmericanMother (Ministrix of ye Chasse (TTGC Ladies' Auxiliary - recess appointment))
[ Post Reply | Private Reply | To 71 | View Replies ]


To: AnAmericanMother
Maybe I just don't understand, but what's the problem....

It makes sense, its logical, it would work?

Don't mean to direct any sarcasm to you.

95 posted on 12/12/2008 7:31:17 AM PST by Las Vegas Ron (Sho me da BC...mo)
[ Post Reply | Private Reply | To 82 | View Replies ]

To: AnAmericanMother
Maybe I just don't understand, but what's the problem with filing Chapter 11 (reorganization)?

Lots of companies successfully navigate Ch 11 and keep right on doing business.

It looks like it would be particularly advantageous here because GM would be able to shed some onerous obligations, especially bloated union programs that pay people not to work.

You answered the question of Sentence One with the comma clause of Sentence Three.

327 posted on 12/12/2008 10:18:08 AM PST by nina0113 (Hugh Akston is my hero.)
[ Post Reply | Private Reply | To 82 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson