To: 2ndDivisionVet
Here's the Big picture. Expect to see bankruptcies to GM suppliers as they will not get paid on outstanding balances. This will add additional pressure to the economy which will by painful.
11 posted on
06/01/2009 4:04:26 AM PDT by
G3
To: G3
Paid for outstanding balances? According to bankruptcy laws, they can go back 90 days and seize payments made to suppliers.....
14 posted on
06/01/2009 4:11:33 AM PDT by
joe fonebone
(When you ask God for help, sometimes he sends the Marines.)
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