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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (438062)12/4/2008 11:21:23 AM
From: Road Walker  Read Replies (2) | Respond to of 1573771
 
You do understand that under Chapter 11 the bankrupt entity continues to operate pretty much as normal?

In the case of car companies, operating without revenue is not an option. Unless it was a very structured chapter 11, probably with more support than the $34B number, they would never make it out and would progress to chapter 7.

But you wouldn't mind that... it would kill the unions, that's all you care about.