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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (45077)8/20/2010 12:40:10 PM
From: DuckTapeSunroof  Respond to of 71588
 
I argued for several YEARS that the ONLY WAY they could be a viable ongoing business would be to shed MOST of that massive debt load... and the ONLY WAY they could do that would be in federal bankruptcy reorganization.

(I was right, of course, but they still almost managed to screw even that up by management waiting so long to admit their epic failures and *almost* being left with no option other than the dismantlement of the company through bankruptcy liquidation.)