re: #15 Anymouse š¹š”š·
From May 11 in Autoweek:
Rental Giant Hertz Could Be in Bankruptcy in Weeks, Destroying Whatās Left of the Used Car Market
Hertz going bankrupt would flood the used car market with hundreds of thousands of cars to sell off as assets all at once.
Hertz is filing chapter 11, not chapter 7. Business will continue largely as usual; stock holders will get wiped out and bond holders will take a haircut.
At least, I hope that thatās what happens. Iāve been Presidentās Circle for years. May need to rent something again once this Covid thing is over.