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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Jim McMannis who wrote (170845)12/12/2008 12:05:35 PM
From: tejekRead Replies (2) of 306849
 
RE:"Even Toyota came out overnight and said a bankruptcy by GM would be very bad for the entire North American auto industry."

Because it means Toyota would be at a competitive disadvantage after GM emerged from BK.

No, because they would lose suppliers.....they are not big enough to keep suppliers alive without GM.
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