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Politics : Welcome to Slider's Dugout
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To: SliderOnTheBlack who wrote (13474)11/19/2008 1:20:16 PM
From: wildandwonderful4 Recommendations  Read Replies (1) of 50456
 
Rick Wagoner used to play Guard for Duke's BasketBall Team. As late as last month they kept saying they don't have liquidity problem. No body bought their story except their Board. Rick and others have most of their wealth tied up in GM stocks and Bonds and BK will wipe out the Common and the Unsecured's. If BK is filed Gettelfinger will be back in the streets and UAW will be a toast. We need a prepackaged BK with Feds providing the DIP is the only way I see out of this problem. Congress,UAW,Management are playing Russian Roulette except somebody forgot to tell them there are no empty chambers.
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