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Politics : American Presidential Politics and foreign affairs
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To: TimF who wrote (45024)8/20/2010 12:12:13 PM
From: DuckTapeSunroof  Read Replies (1) of 71588
 
Re: "They studied the last minute. Push it back a year or more."

You mean push it back before the Global Financial Crash and the onset of the Great Recession which caused their sales to fall by 70% or so?

LOL! (Well Hell yeah it *might* have been possible for them to reorganize their business in some period of time PRIOR to the terminal collapse. But so what? They have been screwed-up and over-loaded with debt for MOST of my adult life. I, for one, have been posting about the inevitability of their eventual bankruptcy filing for two or three years now --- mostly because of the MASSIVE DEBT OVER-HANG from their pension obligations... that, and their 30 year slide. :-)
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