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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: RMF who wrote (3277)12/16/2008 1:21:41 AM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 103300
 
The companies are still not viable carrying the debt loads that they have currently.

(Need to wipe out the stock --- it's 99% wiped out already, and hand over ownership to the debt holders, the retirees and Unions and pension plans mostly... and slash the debt load by half or more by forcing debt holders to accept equity in a new restructured company.)

Anything short of that is just rearranging deck chairs on the Titanic.



To: RMF who wrote (3277)12/16/2008 1:38:21 AM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 103300
 
"CEO Math"




To: RMF who wrote (3277)12/16/2008 10:06:22 AM
From: PROLIFE1 Recommendation  Read Replies (2) | Respond to of 103300
 
but it sure looks like they aren't going to get the Whitehouse back any time soon.

famous last words.