Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: GROUND ZERO™ who wrote (6913)	2/15/2009 8:09:41 AM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 103300

"we'll see... time will tell... I'm very patient" Yep! (This coming week will be very interesting. Supposedly GM and Chrysler are coming back to Congress to say: either give us more money RIGHT NOW or else we will file Chapter 11 bankruptcy.) I say: when they say THAT we (the government) should FORCE them into bankruptcy (by exercising our loan rights to demand immediate repayment of the previous loans) which will allow us to SPEED UP the bankruptcy process (and force it to move in the direction we desire) by telling the bankruptcy court that we will loan the companies "debtor in possession financing" to bring them out of bankruptcy - after they are shorn of all that overhead. It will allow us to call the shots, fire the management, break the dealer contracts, give the unions a "this is how it is" set of instructions, etc. Call the management's bluff and double-down.