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Politics : The Obama - Clinton Disaster

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To: GROUND ZERO™ who wrote (64303)1/17/2012 1:16:44 PM
From: DuckTapeSunroof2 Recommendations  Read Replies (1) of 103300
 
Re: "Really? No dealerships were closed?"

I DID NOT SAY that. (Read it again, you will see that I don't say that.)

Dealerships *were* surely closed under a plan of reorganization that GM management filed with the federal judge overseeing their bankruptcy case... in their legal, and ultimately successful, attempt to restructure, shed costs, and emerge from bankruptcy.

It is called (under the bankruptcy laws) "reorganization".
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