Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (474802)	4/24/2009 4:42:06 PM
From: Tenchusatsu	Read Replies (1) of 1573028

RW, > Any other civilized country with a 'enlightened self interest' would just bail them out. You might not want to include Korea in your list of "civilized countries," since their record for bailouts isn't very stellar. > You want GM to go under, with all the repercussions? I don't think the economy can absorb that right now. I already stated my ideal outcome. GM declares bankruptcy and closes down half of its divisions. It survives, but in a much different form than what we're used to. The devil is in the details, but I think the economy can adapt. By the way, this is similar to the "Good GM, Bad GM" plan being floated around, except that the "Bad GM" gets liquidated. Tenchusatsu

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