The Residential Real Estate Crash Index Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: saveslivesbyday who wrote (165946)	11/21/2008 3:56:01 PM
From: deeno	Read Replies (1) of 306849

OT Absoultly fair question. I do not have ANY expertise in manufacturing, cars, engines or how to run those types of operations. Certianly my comments show my "leanings" toward government not being able to do anything effeiciently or profitably. So.... Assuming that I would not choose a goverment nationalization that would lead me to private enterprise being the focal point. That said, I think a BK would have much more severe ramifications then Lehman ever did and would freeze anything left in the financial pipleine. The potlical realitiy would also lead me to beleive the DEMs will ultamily be involved. hmmm. First, it seems to me, a business plan would be nice. Perhaps a planned presentation to a committee of ugh "experts" on what they would do with the money and how it would lead them out of the dire straits they seem to espouse. Basically they would be applying for a loan. kinda like normal people. It is likely that a mediation would need to be arranged between the union (or let them present their own ideas) and the autos companies, with, gasp, profitiablity as a goal. Should the plans be unacceptable to the committee then they would not get the loan. My guess is after a few no's and refi money needed to pay off maturing bonds gets closer, they would take the process more seriously. the loan would not come from the govt. it would however be backed by them. As long as that loan was outstanding a monthly report would be required on the progress of the business plan. Goals not met would require consessions from both the union and managment, 50/50, until back on target. If the plan deviated by some certian % both managment and union managment would be fired and replaced. An executve search firm would be employed and the exsisting boards would choose successors. Union membership would hold new elections. lather, rinse, repeat.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next