Quote:
Originally Posted by Supermans
Well, I haven't read the 117 page report filed by GM asking for the bailout. I for one was one of the people who felt GM should have filed for Chapter 11 before the first bailout and everyone was giving the same reasons back then as they are today for why GM should get bailed out. I do understand the struggle with the retirees and workers losing their jobs. What should have been done before is GM filing for Chapter 11 and the Government helping out the retirees who need their retirement to stay alive and in their homes and for the Government to help the workers losing their jobs to find new ones. This would have allowed GM to cut the ties with the union and legacy costs while they could have worked on a restructuring without Government control....
|
+1
reality strikes again! Thanx