GM to File for Bankruptcy on Monday, U.S. will still Invest Additional $30 billion
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Comments (9)
Prince_Ash
again ? i thaught that GM was finished already. guess not :P hahahaha
May 29, 2009 11:13 am
Viking79
Man, if I was American and continued to see my tax dollars spent on this money pit, while people down the street from me were starving / didn't have adequate health care I'd be truly pissed. To silence all the republicans and Fox News (same thing) that keep saying Obama's turning their country into a socialist society he should refuse to give GM another cent. Succeed and make money, fail and go under - that's capitalism for 'ya!
May 29, 2009 4:46 pm
Bremen_Koenigsegg
That's so funny, I was just telling a friend of mine the same thing -- how that Bankrupt image makes the world seem like a more just place. haha
May 30, 2009 1:58 am
Ash
Oh we can't let the UAW lose out can we oh socialist Obama, what makes GM so special???
What about all the Ma and Pa Businesses gone under, do they get ANY assistance, Oh no, not enough votes in it.
May 30, 2009 3:55 am
Sacto8780
Like it or not, they've been planning this for some time so GM could shed itself of its excess capacity and obligations and reduce itself to Chevrolet, Cadillac and GMC with far lower labor costs. It may be painful in the short run but in the long run it means GM will still have a very good portfolio of very viable models going forward.
May 31, 2009 5:41 am
