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

To: Road Walker who wrote (512292)9/11/2009 2:06:02 PM
From: i-node  Read Replies (2) | Respond to of 1575257
 
What you know about economics would not cover the head of a pin.



To: Road Walker who wrote (512292)9/15/2009 7:50:41 AM
From: Brumar89  Read Replies (1) | Respond to of 1575257
 
You mean when bankruptcy occurs they tear down all the factories and dealerships and destroy the company? No, they normally reorganize, close the weak facilities, spin off the economically viable into a successor corporation .... which is whats going to have to happen with GM anyway. So what does anyone gain by getting the government involved in financing GM and preventing it from going bankrupt? Well, the UAW benefits - anyone else?


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