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Politics : Formerly About Advanced Micro Devices
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To: i-node who wrote (493961)7/10/2009 12:21:32 PM
From: Tenchusatsu1 Recommendation  Read Replies (1) of 1574723
 
Inode, > ANY company that has ever been in Chapter 11 could come out of bankruptcy overnight with an injection of 50 Billion in government cash.

GM and Chrysler never really entered bankruptcy.

Instead, they entered a government-controlled restructuring that was legally labeled "bankruptcy," but in essense gave the government a controlling stake in both companies.

Tenchusatsu
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