Chevrolet Corvette Stingray C7 Forum - View Single Post - Not Good, GM wants another 16 or is it 9 Billion to Survive.

UCF w00t · 02-17-2009, 10:49 PM

And the thing that gets me is that people seem to think that the GM execs really care if they go into ch 11 or if they do it without. Ch 11 would be the easy way for sure. If they thought it was the best way for their company to survive, they would surely be supporting it 100%. It's not like they all get canned the minute they file. They care about two things... their paycheck and their legacy. These are men with large egos. They want to be written into the history books as the people that saved GM. Why don't people trust those who are closest to the situation (GM execs and federal governments) and have vested interest in a successful outcome?

02-17-2009, 10:49 PM	#105
UCF w00t Geek Drives: IOM 2010 Camaro 2SS Join Date: Oct 2008 Location: Orlando Posts: 4,451	And the thing that gets me is that people seem to think that the GM execs really care if they go into ch 11 or if they do it without. Ch 11 would be the easy way for sure. If they thought it was the best way for their company to survive, they would surely be supporting it 100%. It's not like they all get canned the minute they file. They care about two things... their paycheck and their legacy. These are men with large egos. They want to be written into the history books as the people that saved GM. Why don't people trust those who are closest to the situation (GM execs and federal governments) and have vested interest in a successful outcome?