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Old 03-05-2009, 09:01 AM   #5
trm0002
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Quote:
Originally Posted by Andro View Post
Say it ain't so
Oh, it is so. And they ALL should have been allowed to fail to the point of Chapter 11. GM will be in Chapter 11. How can they not? They lost 4x per share what the stock is worth last year. The news said it was equivalent to costing them over $3000 per car to make them. Concessions from the UAW (which will amount to nearly NOTHING IMO) isn't going to help that.

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