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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: MulhollandDrive who wrote (165113)11/18/2008 7:00:25 PM
From: patron_anejo_por_favorRead Replies (1) | Respond to of 306849
 
It's exactly the equivalent of giving a junkiie a fix, but less productive.....



To: MulhollandDrive who wrote (165113)11/18/2008 10:08:56 PM
From: bentwayRead Replies (1) | Respond to of 306849
 
I think Chapter 11 is the answer for our auto makers. It's allows them to legally do a lot of things to shed costs that would be problematic otherwise. Hell, it allows them to not even pay their bills for 18 months! Not that they could do this with suppliers.



To: MulhollandDrive who wrote (165113)11/18/2008 11:32:00 PM
From: J. P.Respond to of 306849
 
They should give them the 100B not to float them for awhile, but to unwind their business in an orderly fashion. Give everybody 6 month notice, and contract to the point where they can be profitable again. Which is probably a major contraction. GM would probably be most profitable making and selling only Escalades.


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