[bronxboy]

But you see, without a bridge loan, the big three will go out of business. They can not survive a bankruptcy. So if you truly want to retain this industry, you got to have the loan.

[ZX12R]

But you see, without a bridge loan, the big three will go out of business. They can not survive a bankruptcy.

I don't believe that. This situation is exactly what bankruptcy is for, if the company wants to survive. If what you say is true, then they are just simply SOL.

Also, if things are as dire as you portray, then it is not a loan. You don't give loans to an enterprise which has no prospect of future repayment. It's a give away, and they will be back for another give away, because nothing substantial will have changed.