Banks--- Betting on the recovery Message Board

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Non-Tech : Banks--- Betting on the recovery

WFC 85.33

-1.1%

1:37 PM EST

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To: Road Walker who wrote (568)	5/27/2009 4:01:17 PM
From: tejek	of 1428

Well the GM news has really tanked the markets. I guess the bondholders think they can get a better deal in BK. Well it's not too shocking that GM in BK is a jolt... even when everyone knew it was going to happen. End of an era... the US doesn't make hardly anything anymore. Our wealth is slowly being pissed away. I know.......its stunning to see GM......America's largest car company on the ropes. I am beginning to wonder if it will survive at all.

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