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To: Andrew G. who wrote (90994)4/6/2001 1:57:02 PM
From: jjetstream  Respond to of 436258
 
Andrew, maybe the gov't would let these babies die on their own....so many companies have bit the dust over the last several years.....yes LU & XRX are not just ordinary companies, however, I believe the publics' perception of *bankruptcies* has changed.....they just don't seem to sting as much anymore....perhaps the gov't will let them slip under the waves on their own.....



To: Andrew G. who wrote (90994)4/6/2001 2:13:35 PM
From: Mike M2  Respond to of 436258
 
Andrew, my guess is that there would not be a gov't bail out of LU or XRX just a severe dose of tough love. mike



To: Andrew G. who wrote (90994)4/6/2001 2:36:29 PM
From: pater tenebrarum  Respond to of 436258
 
note, i'm not predicting they WILL go belly-up...i'm only saying one should keep a close eye on them, as they are good candidates.

i expect the govt. to intervene in the PG&E case too...nationalization looms. and i think you're right that if any other very large corporations are threatening to file, the govt. will quickly drop all pretenses of a free market.


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