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View Full Version : gm to file bk before christmas


manu1959
12-02-2008, 03:11 PM
just heard the rumour on the news......rumor floated by uaw.....
Mr. P
12-02-2008, 03:13 PM
just heard the rumour on the news......rumor floated by uaw.....

Hope it's true!
manu1959
12-02-2008, 03:38 PM
http://blogs.wsj.com/autoshow/2008/12/02/uaw-gm-may-need-bankruptcy-without-government-aid/

looks like the unions are spreading fear so they can ensure their dues.....
Trigg
12-02-2008, 07:06 PM
I was just watching the news and the big 3 were back begging for money, and they were even smart enough to drive hybrids this time.

The UAW is suspiciously quiet, personally I think they'd shoot themselves in the foot before they agree to cut workers pay or bennies.
April15
12-02-2008, 07:08 PM
GM should go out of business. With the garbage they pedal as automobiles fraud is something that should be looked into also.
manu1959
12-02-2008, 07:57 PM
I was just watching the news and the big 3 were back begging for money, and they were even smart enough to drive hybrids this time.

The UAW is suspiciously quiet, personally I think they'd shoot themselves in the foot before they agree to cut workers pay or bennies.

they are not being quiet...checkout the link i posted.....

man i really should proof what i type......
Kathianne
12-02-2008, 08:00 PM
they are not being quite...checkout the link i posted.....

Indeed, good post it was...
namvet
12-02-2008, 08:32 PM
I heard if they get the bail out they'll spread the wealth around...........
5stringJeff
12-06-2008, 09:47 AM
Good. They need to restructure under Chapter 11, and lose the millstone around their neck that is UAW.
LiberalNation
12-06-2008, 10:48 AM
We are gona be paying all those peoples pensions and unemployment if they do and that will cost more taxypayer money than the bailout.
Mr. P
12-06-2008, 10:58 AM
We are gona be paying all those peoples pensions and unemployment if they do and that will cost more taxypayer money than the bailout.

Not if they file chapter 11, LN.
LiberalNation
12-06-2008, 11:00 AM
u think they'll last if they file ch 11, no ones gona buy a car or stock from a bankurpt car maker.
Mr. P
12-06-2008, 11:11 AM
u think they'll last if they file ch 11, no ones gona buy a car or stock from a bankurpt car maker.

Yes, they'll last IF they cut the fat and produce a good product.

No, if it's the same old same old. Not even with a bail-out.