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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Ramsey Su who wrote (39626)	8/24/2005 6:30:34 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 110194

It's been historical that the above groups would rather bankrupt the company than take big cuts...they say, "hey I worked for it, I deserve it." They should talk to some Airline employees first. The ramifications of a bankrupt GM or Ford would be enormous. IMHO. PS...I have some GM and I am on pins and needles holding my breath..hoping for enough concessions to get GM to 40, where I would sell. In the meantime I dunno how GM can pay their dividend. They will like cut it in half soon.