Subject	Chapter 7 is worse. Chapter 11 doesn't necessarily mean
Posted by	MixManMash on November 22, 2008 at 1:35 PM
	This message has been viewed 89 times.
In Reply To	True, the UAW is definitely largely at fault, as are posted by BigTDogg (MA) on November 22, 2008 at 12:42 PM
Message	they don't have to pay suppliers. It means they can re-negotiate terms of payment, it also means they can renegotiate with unions, etc. Of course, a judge is involved through all the proceedings.
Follow Ups	I don't think the government should lift a finger to bail - robo (sebring1970) 10:48:21 11/22/08 k (n/m) - Guapo 11:02:33 11/22/08 I think... - Waggz 11:07:45 11/22/08 Okay, who is going to build the engines to power - Machtavian 11:30:01 11/22/08 not to mention the economy - aliaZ 11:35:52 11/22/08 Agreed, but handing them a blank cheque is only going to - MixManMash 11:37:14 11/22/08 that is why they need a business plan detailing how they're - aliaZ 11:43:16 11/22/08 This is the correct answer. - Z_Cherub 14:20:51 11/22/08 In the end, I think BO will take them over... - Machtavian 11:44:53 11/22/08 the stock market agrees with you - aliaZ 11:49:58 11/22/08 No it doesn't. - Evan(CA) 12:21:47 11/22/08 well it certainly won't get any better now.... (n/m) - Multi_Read (MO) 13:16:33 11/22/08 History has shown that the market dips in a election year. - Spongerider :) 13:22:52 11/22/08 Please explain how the mortgage meltdown is Bush's fault? - aliaZ 14:05:09 11/22/08 I was not talking about that. I was talking about how he - Spongerider :) 14:10:59 11/22/08 No, I must have missed that - aliaZ 14:16:43 11/22/08 I'm sure it's on still onYoutube. When I have the time I'll - Spongerider :) 14:23:15 11/22/08 ... - aliaZ 13:24:38 11/22/08 It's just continuing the course it was put on. - Evan(CA) 13:29:35 11/22/08 there is no denying the economy is in bad shape - aliaZ 13:40:59 11/22/08 Absolutely but it's not Obama's fault. - Evan(CA) 13:50:44 11/22/08 no worries (n/m) - aliaZ 17:40:13 11/22/08 Market price is based on feelings - not a true gauge. (n/m) - ZiNnYc 14:02:33 11/22/08 indeed - aliaZ 14:17:45 11/22/08 lol...the investors do, but yeah (n/m) - ZiNnYc 22:13:23 11/22/08 yeah big mistake maybe we should have elected Bush - ztunerz 10:38:52 11/23/08 tru dat.. (n/m) - KongZTT GT28RS MD 14:02:47 11/22/08 Nissan :D (n/m) - MixManMash 11:36:03 11/22/08 Doesn't matter...Obama will castrate our military forces - Hawkin"Z" 18:54:09 11/22/08 Can you please elaborate - ZXRider(SoCal) 19:16:35 11/22/08 our nation wasn't attacked due to insufficient funds. (n/m) - ZiNnYc 22:15:07 11/22/08 no kidding (n/m) - ztunerz 10:45:33 11/23/08 Re: Doesn't matter...Obama will castrate our military forces - ztunerz 10:44:37 11/23/08 Agreed. I think that the only way the can survive in the - MixManMash 11:35:45 11/22/08 would you buy a car from a company - aliaZ 11:38:20 11/22/08 Many of the airlines filed bankruptcy, and have bounced back - WoodmanZ 11:48:12 11/22/08 apples and oranges - aliaZ 11:52:44 11/22/08 You beat me to it:) (n/m) - Machtavian 11:58:21 11/22/08 2nd. - SuparexTT 12:52:59 11/22/08 Right again. (n/m) - Z_Cherub 14:25:19 11/22/08 You're comparing apples to oranges... - Machtavian 11:57:37 11/22/08 of course, that is an issue, but there are ways around it... - MixManMash 11:54:29 11/22/08 Sad thing is most of us wouldn't own one of their cars - John@Z1 12:50:09 11/22/08 Huge 2nd. (n/m) - Evan(CA) 13:02:31 11/22/08 A GM bankruptcy alone will cause 2.5 million job losses - aliaZ 11:48:03 11/22/08 Re: A GM bankruptcy alone will cause 2.5 million job losses - darkmann 11:59:30 11/22/08 Yep - has to be highly structured, but something does - jzack 15:34:37 11/22/08 Re: A GM bankruptcy alone will cause 2.5 million job losses - txq45 12:27:24 11/22/08 False, cite the credible site? - Spongerider :) 13:16:00 11/22/08 2.5M is high just for GM. That would be if all 3 fail. (n/m) - BigTDogg (MA) 13:23:54 11/22/08 I'd still like to see a creditable site or article? (n/m) - Spongerider :) 13:29:27 11/22/08 google it, and then select what you consider to be credible - aliaZ 13:37:19 11/22/08 Yup, nothing credible. (n/m) - Spongerider :) 13:56:42 11/22/08 what do you consider credible? CNN? (n/m) - aliaZ 14:06:30 11/22/08 Some facts from GM them self. - Spongerider :) 14:19:38 11/22/08 I don't think GM will ever be that forthcoming - aliaZ 14:26:22 11/22/08 Try running a small business. - Z_Cherub 14:29:59 11/22/08 It's hard trust me, I got lost one due to their corporate - ghostinator (fl) 08:27:06 11/23/08 Z_Cherub, how is your business part of the 2.5 million - Spongerider :) 15:43:22 11/23/08 English aside... - Z_Cherub 18:09:13 11/23/08 Hmm, - Spongerider :) 01:07:17 11/24/08 My mistake. - Z_Cherub 08:12:43 11/24/08 Classic Side Stepper. - Spongerider :) 11:30:58 11/24/08 I'm pretty sure that you and I are the only ones still - Z_Cherub 12:49:00 11/24/08 there is no real proof - aliaZ 13:02:49 11/24/08 2nd. Whatever the exact number turns out to be in reality - Z_Cherub 13:15:01 11/24/08 Have you read the latest on GM? - Spongerider :) 14:07:07 11/24/08 Sorry to hear :( - Z_Cherub 17:59:32 11/23/08 I've seen that number, but I'd say it's inflated. - RSR 05:44:01 11/23/08 breaking up the unions should be the first step (n/m) - 300zx16 11:57:00 11/22/08 I strongly agree... (n/m) - Machtavian 11:59:33 11/22/08 Re: breaking up the unions should be the first step - ouikikazz 12:06:02 11/22/08 Which can only happen in a managed bankruptcy (Chapter 11).. - MixManMash 12:08:18 11/22/08 indeed (n/m) - aliaZ 13:38:13 11/22/08 Not the unions fault. How about Govt pay healthcare like Jap - teahead 13:42:11 11/22/08 apparently you've never worked in a union environment (n/m) - aliaZ 13:52:10 11/22/08 False (n/m) - Adam (NoVA) 16:26:05 11/22/08 Do the math. - LiftedCracker 16:39:27 11/22/08 kill the unions, restructure management - jkeyser14 21:48:56 11/22/08 $73/hour? that is just rediculous. (n/m) - RedSER13 09:37:55 11/24/08 Um, Goverment = the people in the U.S. - Dustin 22:24:10 11/22/08 i couldn't agree more. (n/m) - RedSER13 09:39:11 11/24/08 I don't think this is the proper forum for that discussion.. (n/m) - PennStateZ (VA) 12:31:46 11/22/08 There have been plenty of threads about the C6/Z06 vs Z - Z_Cherub 14:31:08 11/22/08 Because it's an entirely different topic. - PennStateZ (VA) 22:34:09 11/22/08 Fair enough, but let's face it... - Z_Cherub 17:55:23 11/23/08 I think they should. Thursday bought 100 shares of GM @3.12 - Gordo 93TT Daytona 12:36:05 11/22/08 True, the UAW is definitely largely at fault, as are - BigTDogg (MA) 12:42:31 11/22/08 Chapter 7 is worse. Chapter 11 doesn't necessarily mean - MixManMash 13:35:19 11/22/08 Re: I don't think the government should lift a finger to bail - Black95 13:00:54 11/22/08 Yup let the greedy F#**s burn. - Evan(CA) 13:01:28 11/22/08 I hate Nascar but it's serious question... what happens? - SuparexTT 13:02:33 11/22/08 Doesn't Ford provide engines for the IRL? or was that CART? (n/m) - SuparexTT 13:20:51 11/22/08 Maybe it will be the death of Nascar. I'm not complaining.. (n/m) - MixManMash 13:36:26 11/22/08 the real question is: - ZEngineer 13:54:04 11/22/08 The First Socialist Bank of US Taxpayers (n/m) - Adam (NoVA) 16:27:37 11/22/08 China (n/m) - CaliguyPurdue (redesigning) 21:25:56 11/22/08 Auto industry isn't getting it anyway. (n/m) - ZiNnYc 13:58:53 11/22/08 The CEO of GM and Ford were asked if they would work - AZHeat 14:18:45 11/22/08 Let the ones responsible drown, not the industry. - Waggz 14:51:01 11/22/08 What tools those guys were -- didn't at least have the - jzack 15:29:35 11/22/08 Would you work for $1 per year? - Dustin 21:21:30 11/22/08 seeing that they are already multi millionaires, why not? - Waggz 10:05:37 11/23/08 X2. If you pay me 15 mil. this year, I'll work for free - ChazZ 22:14:37 11/23/08 I think you missed the point . Chrysler CEO offered - AZHeat 10:44:51 11/23/08 They should've thought about this - ZXRider(SoCal) 16:19:05 11/22/08 The top one wasn't a "bad" idea. - SuparexTT 19:07:12 11/22/08 The HHR was GM's answer to the PT Cruiser - NytWolf 21:43:45 11/22/08 hard to be competitive with union labor... - CWRaab(philly) 18:02:37 11/22/08 Unions are not the problem... - icsamerica 23:44:15 11/22/08 so it is ok to bailout incompetent banks - ironhawk_ca 19:49:11 11/22/08 No one ever said that - jkeyser14 21:51:46 11/22/08 Exxon should bail out GM ;-) (n/m) - Got Z? 21:22:24 11/22/08 A bailout isnt going to prevent the Big 3 from closing - Ballistic 10:29:20 11/23/08 Obama is so screwed. I don't think anyone can fix this mess. - zmaxsystems 02:30:30 11/26/08
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