Quote:
Originally Posted by Hylton
If I was a bondholder, I'd take my chances in the courts because at least there they have a say in the matter.
|
That wouldn't work. GM won't land in court, the government won't allow it. They have spent too much money on GM to let it go to court and get liquidated. If any part of GM goes to court it will just be the "bad" GM which doesn't have anywhere near the value of the rest of the company.