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Overnight Open Thread

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ziggyelman3/05/2009 3:12:14 am PST

re: #230 Killian Bundy

Well, GM just filed a 10K that basically said bankruptcy is inevitable. Good, that’s exactly what the bankruptcy laws are for.

/I guess we’l’l find out who’s right and whether GM is “too big to fail”

I don’t necessarily agree with what a friend said, but he thought a lot of people wouldn’t buy a car from a company that declared bankruptcy. I said folks fly airlines that went thru it, but he just thought folks would be leery of buying a car from a company that might disappear in a year or so.
Ford sales in February were HALF what they were in February of 2008.