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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (474789)	4/24/2009 4:04:33 PM
From: Tenchusatsu	1 Recommendation Read Replies (1) of 1573199

RW, > You guys are aware that Obama's task force is leading GM towards a controlled bankruptcy. And that is considered "crossing the unions". You sure about both? Seems like "controlled bankruptcy" is a contingency plan being used as leverage on GM's management, which itself is in turmoil, and on GM's creditors, including the UAW. According to this link, such a "controlled bankruptcy" would be a micromanagement nightmare: nakedcapitalism.com That doesn't sound like something even Obama would want to deal with if it weren't for the fact that MI governor Granholm is part of his economic advisory committee ... Tenchusatsu

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