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Politics : Formerly About Advanced Micro Devices

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To: Jim McMannis who wrote (282664)4/5/2006 10:31:44 AM
From: tejek  Read Replies (1) of 1573958
 
RE:"The question isn't if GM (and Ford) will file for Chapter 11 or not, because they will. The real question is, will they emerge out of chapter 11 as independent companies or not??"

If GM BK's and toasts all their shareholders...it won't matter. GM won't be able to sell a car in the US anymore...


I am not sure why Taro thinks Ford will go under......its got a lot of debt but it continues to make money. GM is bleeding badly but they have enough assets to sell that can keep them afloat. However, I think it may be a much smaller company at the end of all its maneuvering.
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