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Joanne98 (1000+ posts) Send PM | Profile | Ignore | Thu May-28-09 11:35 AM Original message |
GM Said to Plan for June 1 Bankruptcy, Sale of Assets |
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onehandle (1000+ posts) Send PM | Profile | Ignore | Thu May-28-09 11:39 AM Response to Original message |
1. I'll give them ten bucks for the defunct Oldsmobile name. |
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Joanne98 (1000+ posts) Send PM | Profile | Ignore | Thu May-28-09 11:40 AM Response to Reply #1 |
2. It's the bondholders. Greedy fucks! |
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hugo_from_TN (895 posts) Send PM | Profile | Ignore | Thu May-28-09 11:55 AM Response to Reply #2 |
9. How dare they expect to be repaid as promised. Bastards! |
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Purveyor (1000+ posts) Send PM | Profile | Ignore | Thu May-28-09 11:43 AM Response to Original message |
3. I have already heard talk on the 'hate-wing' talk shows about boycotting the new GM |
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Amonester (1000+ posts) Send PM | Profile | Ignore | Thu May-28-09 11:48 AM Response to Reply #3 |
5. I heard they want President Obama to fail. |
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WriteDown (1000+ posts) Send PM | Profile | Ignore | Thu May-28-09 11:51 AM Response to Reply #3 |
7. I love GM and I NEVER thought I'd be saying this.... |
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blue_onyx (1000+ posts) Send PM | Profile | Ignore | Thu May-28-09 12:01 PM Response to Reply #7 |
12. Ford has been closing dealers too |
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WriteDown (1000+ posts) Send PM | Profile | Ignore | Thu May-28-09 12:10 PM Response to Reply #12 |
14. True... |
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lefthandedlefty (247 posts) Send PM | Profile | Ignore | Thu May-28-09 01:00 PM Response to Reply #14 |
16. About the only vehicles I have on car haulers lately have been Fords |
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Joanne98 (1000+ posts) Send PM | Profile | Ignore | Thu May-28-09 11:47 AM Response to Original message |
4. AP Source: GM to announce 14 plant closures Monday |
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blue_onyx (1000+ posts) Send PM | Profile | Ignore | Thu May-28-09 11:58 AM Response to Reply #4 |
10. MI will get hit the hardest. |
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Joanne98 (1000+ posts) Send PM | Profile | Ignore | Thu May-28-09 11:49 AM Response to Original message |
6. GM bonds rise slightly after new bondholder offer |
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Igel (1000+ posts) Send PM | Profile | Ignore | Thu May-28-09 02:42 PM Response to Reply #6 |
19. Good. |
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blue_onyx (1000+ posts) Send PM | Profile | Ignore | Thu May-28-09 11:55 AM Response to Original message |
8. I hope they file in MI |
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Joanne98 (1000+ posts) Send PM | Profile | Ignore | Thu May-28-09 11:58 AM Response to Original message |
11. A finance view of the political nature of the coming GM bankruptcy |
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liberal N proud (1000+ posts) Send PM | Profile | Ignore | Thu May-28-09 12:05 PM Response to Original message |
13. Already auctioned off some of their car collection... |
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daggahead (1000+ posts) Send PM | Profile | Ignore | Thu May-28-09 12:56 PM Response to Original message |
15. Will this give GM the ability to attempt to dump the UAW? |
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chicago legal pro (169 posts) Send PM | Profile | Ignore | Thu May-28-09 01:40 PM Response to Reply #15 |
17. In theory, yes, a judge could void any contracts |
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Dont_Bogart_the_Pretzel (1000+ posts) Send PM | Profile | Ignore | Thu May-28-09 02:27 PM Response to Original message |
18. That's three million UNION jobs... and don't forget all the vender involved. |
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